YEARLY HIGH
0.0404 RSD
YEARLY LOW
0.0366 RSD
YEARLY AVERAGE
0.0385 RSD

2024 CDF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0404. Conversely, the yearly low was recorded on September 28, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0038 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0395 to the December average rate of 0.0391, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0404 was down 25.96% compared to the 2023 peak of 0.0546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 RSD
2023 Average 234 RSD
Yearly Trough Low 183 RSD
Transaction Impact: A difference of 19.20 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0397
0.0367
JanuMarcMayJulySeptNove

CDF 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 0.0390, compared to 0.0379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0390
H2 Avg (Jul–Dec) 0.0379

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0017 RSD (High: 0.0393 / Low: 0.0376). On the other end, March was the most stable month, with a tight range of 0.0007 RSD (High: 0.0393 / Low: 0.0385).

November Spread (Volatile) ±0.0017
March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0395) against the same month in 2023 (average: 0.0531), the exchange rate shifted by -0.0136 (-25.67%).

2024 Avg (January) 0.0395
2023 Avg (January) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0404 0.0387 0.0395
February 0.0398 0.0390 0.0394
March 0.0393 0.0385 0.0389
April 0.0396 0.0383 0.0391
May 0.0393 0.0383 0.0388
June 0.0388 0.0380 0.0384
July 0.0383 0.0374 0.0379
August 0.0380 0.0367 0.0373
September 0.0374 0.0366 0.0370
October 0.0382 0.0371 0.0376
November 0.0393 0.0376 0.0385
December 0.0397 0.0385 0.0391