2024 CHF to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 126.3109. Conversely, the yearly low was recorded on May 25, dropping to 117.8751.
This high-to-low spread represents a total annual volatility of 8.4358 RSD. From a start-to-finish perspective, comparing the January average rate of 125.2137 to the December average rate of 125.2205, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 126.3109 was down 0.01% compared to the 2023 peak of 126.3202, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 121.8704, compared to 124.0116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1413 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 3.6308 RSD (High: 123.1214 / Low: 119.4906). On the other end, October was the most stable month, with a tight range of 1.2465 RSD (High: 125.3333 / Low: 124.0867).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.5100 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 125.2137) against the same month in 2023 (average: 117.7597), the exchange rate shifted by +7.4541 (+6.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 126.3109 | 123.8580 | 125.2137 |
| February | 125.6529 | 122.6195 | 123.8173 |
| March | 122.2929 | 119.6030 | 121.3073 |
| April | 120.8674 | 119.1325 | 120.0320 |
| May | 120.2821 | 117.8751 | 119.1952 |
| June | 123.2752 | 119.7123 | 121.6566 |
| July | 123.1214 | 119.4906 | 120.9528 |
| August | 125.6316 | 122.2016 | 123.7982 |
| September | 125.4173 | 123.1266 | 124.3847 |
| October | 125.3333 | 124.0867 | 124.6846 |
| November | 126.1081 | 124.0773 | 125.0289 |
| December | 126.1337 | 124.3009 | 125.2205 |