2024 EGP to RSD Historical Review

YEARLY HIGH

3.5403 RSD

YEARLY LOW

2.1410 RSD

YEARLY AVERAGE

2.4613 RSD

2024 EGP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 3.5403. Conversely, the yearly low was recorded on August 25, dropping to 2.1410.

This high-to-low spread represents a total annual volatility of 1.3994 RSD. From a start-to-finish perspective, comparing the January average rate of 3.4786 to the December average rate of 2.2088, the exchange rate registered a net change of -36.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.5403 was down 21.16% compared to the 2023 peak of 4.4903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,702 RSD

2023 Average 17,699 RSD

Yearly Trough Low 10,705 RSD

Transaction Impact: A difference of 6,996.81 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.6469

2.0366

JanuMarcMayJulySeptNove

EGP 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 2.7170, compared to 2.2056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5114 points.

H1 Avg (Jan–Jun) 2.7170

H2 Avg (Jul–Dec) 2.2056

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.3364 RSD (High: 3.5033 / Low: 2.1670). On the other end, June was the most stable month, with a tight range of 0.0380 RSD (High: 2.2954 / Low: 2.2574).

March Spread (Volatile) ±1.3364

June Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 1.0592 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0592

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 3.5127) against the same month in 2023 (average: 3.5980), the exchange rate shifted by -0.0853 (-2.37%).

2024 Avg (February) 3.5127

2023 Avg (February) 3.5980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.5098	3.4184	3.4786
February	3.5403	3.4822	3.5127
March	3.5033	2.1670	2.4535
April	2.3154	2.2632	2.2850
May	2.3129	2.2671	2.2917
June	2.2954	2.2574	2.2806
July	2.2612	2.2196	2.2389
August	2.2287	2.1410	2.1708
September	2.1967	2.1485	2.1747
October	2.2295	2.1898	2.2106
November	2.2749	2.1778	2.2300
December	2.2405	2.1892	2.2088