2024 DJF to RSD Historical Review

YEARLY HIGH

0.6358 RSD

YEARLY LOW

0.5877 RSD

YEARLY AVERAGE

0.6087 RSD

2024 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6358. Conversely, the yearly low was recorded on September 25, dropping to 0.5877.

This high-to-low spread represents a total annual volatility of 0.0481 RSD. From a start-to-finish perspective, comparing the January average rate of 0.6040 to the December average rate of 0.6280, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6358 was up 0.99% compared to the 2023 peak of 0.6295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,179 RSD

2023 Average 3,048 RSD

Yearly Trough Low 2,938 RSD

Transaction Impact: A difference of 240.37 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6315

0.5886

JanuMarcMayJulySeptNove

DJF 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 0.6095, compared to 0.6079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.6095

H2 Avg (Jul–Dec) 0.6079

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0308 RSD (High: 0.6329 / Low: 0.6021). On the other end, March was the most stable month, with a tight range of 0.0099 RSD (High: 0.6117 / Low: 0.6018).

November Spread (Volatile) ±0.0308

March Spread (Stable) ±0.0099

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 0.0088 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6280) against the same month in 2023 (average: 0.6027), the exchange rate shifted by +0.0253 (+4.19%).

2024 Avg (December) 0.6280

2023 Avg (December) 0.6027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6101	0.5965	0.6040
February	0.6154	0.6046	0.6102
March	0.6117	0.6018	0.6065
April	0.6204	0.6067	0.6144
May	0.6177	0.6051	0.6098
June	0.6185	0.6040	0.6119
July	0.6142	0.6014	0.6066
August	0.6104	0.5890	0.5977
September	0.5978	0.5877	0.5922
October	0.6111	0.5950	0.6039
November	0.6329	0.6021	0.6191
December	0.6358	0.6206	0.6280