2024 CNY to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 15.5110. Conversely, the yearly low was recorded on August 25, dropping to 14.6611.
This high-to-low spread represents a total annual volatility of 0.8499 RSD. From a start-to-finish perspective, comparing the January average rate of 15.1117 to the December average rate of 15.3386, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 15.5110 was down 4.29% compared to the 2023 peak of 16.2058, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY 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 15.0953, compared to 15.0630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0323 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 0.5529 RSD (High: 15.4649 / Low: 14.9119). On the other end, September was the most stable month, with a tight range of 0.1486 RSD (High: 14.9745 / Low: 14.8259).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2142 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 15.3386) against the same month in 2023 (average: 15.0786), the exchange rate shifted by +0.2600 (+1.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.2697 | 14.8963 | 15.1117 |
| February | 15.3237 | 15.0062 | 15.1691 |
| March | 15.1004 | 14.8807 | 14.9805 |
| April | 15.4649 | 14.9119 | 15.1129 |
| May | 15.3746 | 14.8911 | 15.1198 |
| June | 15.3771 | 14.8264 | 15.0777 |
| July | 15.0369 | 14.7344 | 14.8635 |
| August | 15.0251 | 14.6611 | 14.8550 |
| September | 14.9745 | 14.8259 | 14.8927 |
| October | 15.2448 | 15.0464 | 15.1486 |
| November | 15.5100 | 15.0681 | 15.2793 |
| December | 15.5110 | 15.2165 | 15.3386 |