YEARLY HIGH
4.7792 RSD
YEARLY LOW
4.5994 RSD
YEARLY AVERAGE
4.6613 RSD

2024 CZK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 4.7792. Conversely, the yearly low was recorded on February 19, dropping to 4.5994.

This high-to-low spread represents a total annual volatility of 0.1798 RSD. From a start-to-finish perspective, comparing the January average rate of 4.7423 to the December average rate of 4.6542, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.7792 was down 5.26% compared to the 2023 peak of 5.0446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,896 RSD
2023 Average 24,428 RSD
Yearly Trough Low 22,997 RSD
Transaction Impact: A difference of 899.09 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.7542
4.6113
JanuMarcMayJulySeptNove

CZK 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 4.6820, compared to 4.6405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0415 points.

H1 Avg (Jan–Jun) 4.6820
H2 Avg (Jul–Dec) 4.6405

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1158 RSD (High: 4.7152 / Low: 4.5994). On the other end, October was the most stable month, with a tight range of 0.0297 RSD (High: 4.6415 / Low: 4.6118).

February Spread (Volatile) ±0.1158
October Spread (Stable) ±0.0297

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0999 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 4.7423) against the same month in 2023 (average: 4.9000), the exchange rate shifted by -0.1577 (-3.22%).

2024 Avg (January) 4.7423
2023 Avg (January) 4.9000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7792 4.7097 4.7423
February 4.7152 4.5994 4.6424
March 4.6596 4.6035 4.6320
April 4.6631 4.6033 4.6334
May 4.7549 4.6663 4.7199
June 4.7682 4.6724 4.7222
July 4.6575 4.6035 4.6288
August 4.6797 4.6125 4.6481
September 4.6753 4.6405 4.6632
October 4.6415 4.6118 4.6255
November 4.6417 4.6057 4.6232
December 4.6751 4.6131 4.6542