2024 CAD to RSD Historical Review

YEARLY HIGH

80.8332 RSD

YEARLY LOW

77.1426 RSD

YEARLY AVERAGE

78.9881 RSD

2024 CAD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 80.8332. Conversely, the yearly low was recorded on September 20, dropping to 77.1426.

This high-to-low spread represents a total annual volatility of 3.6907 RSD. From a start-to-finish perspective, comparing the January average rate of 80.0809 to the December average rate of 78.3162, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 80.8332 was down 2.26% compared to the 2023 peak of 82.7000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CAD based on timing:

Yearly Peak High 404,166 RSD

2023 Average 401,486 RSD

Yearly Trough Low 385,713 RSD

Transaction Impact: A difference of 18,453.40 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

80.7355

77.3974

JanuMarcMayJulySeptNove

CAD to RSD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 79.7782, compared to 78.1981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5801 points.

H1 Avg (Jan–Jun) 79.7782

H2 Avg (Jul–Dec) 78.1981

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.3371 RSD (High: 80.5987 / Low: 77.2616). On the other end, April was the most stable month, with a tight range of 0.8429 RSD (High: 80.2717 / Low: 79.4288).

November Spread (Volatile) ±3.3371

April Spread (Stable) ±0.8429

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9679 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 80.4574) against the same month in 2023 (average: 81.4715), the exchange rate shifted by -1.0141 (-1.24%).

2024 Avg (February) 80.4574

2023 Avg (February) 81.4715

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	80.7465	79.6358	80.0809
February	80.8332	79.6394	80.4574
March	80.2932	79.1469	79.6196
April	80.2717	79.4288	79.8510
May	79.9222	78.8913	79.2760
June	80.0091	78.6384	79.3843
July	79.6158	77.9424	78.6434
August	78.4289	77.2145	77.6755
September	78.4225	77.1426	77.7635
October	78.5025	77.1657	78.0499
November	80.5987	77.2616	78.7398
December	79.3038	77.7933	78.3162