2024 DZD to RSD Historical Review

YEARLY HIGH

0.8447 RSD

YEARLY LOW

0.7782 RSD

YEARLY AVERAGE

0.8069 RSD

2024 DZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.8447. Conversely, the yearly low was recorded on August 25, dropping to 0.7782.

This high-to-low spread represents a total annual volatility of 0.0665 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7987 to the December average rate of 0.8316, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8447 was up 3.44% compared to the 2023 peak of 0.8167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,224 RSD

2023 Average 3,987 RSD

Yearly Trough Low 3,891 RSD

Transaction Impact: A difference of 332.64 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8357

0.7870

JanuMarcMayJulySeptNove

DZD 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 0.8054, compared to 0.8085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.8054

H2 Avg (Jul–Dec) 0.8085

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0323 RSD (High: 0.8369 / Low: 0.8045). On the other end, March was the most stable month, with a tight range of 0.0105 RSD (High: 0.8054 / Low: 0.7950).

November Spread (Volatile) ±0.0323

March Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.0114 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8316) against the same month in 2023 (average: 0.7979), the exchange rate shifted by +0.0337 (+4.22%).

2024 Avg (December) 0.8316

2023 Avg (December) 0.7979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8052	0.7891	0.7987
February	0.8113	0.7989	0.8067
March	0.8054	0.7950	0.8013
April	0.8183	0.8015	0.8116
May	0.8150	0.8001	0.8055
June	0.8148	0.7968	0.8085
July	0.8104	0.7960	0.8024
August	0.8052	0.7782	0.7910
September	0.8010	0.7904	0.7952
October	0.8132	0.7968	0.8057
November	0.8369	0.8045	0.8247
December	0.8447	0.8273	0.8316