2024 EUR to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EUR to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EUR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 117.7621. Conversely, the yearly low was recorded on November 14, dropping to 116.4749.
This high-to-low spread represents a total annual volatility of 1.2872 RSD. From a start-to-finish perspective, comparing the January average rate of 117.2312 to the December average rate of 116.9581, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 117.7621 was down 1.31% compared to the 2023 peak of 119.3212, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
EUR 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 117.1678, compared to 117.0238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1439 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.2127 RSD (High: 117.6875 / Low: 116.4749). On the other end, October was the most stable month, with a tight range of 0.1889 RSD (High: 117.1180 / Low: 116.9291).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0824 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 117.2018) against the same month in 2023 (average: 117.3020), the exchange rate shifted by -0.1002 (-0.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.3782 | 117.0014 | 117.2312 |
| February | 117.3569 | 117.0432 | 117.2003 |
| March | 117.7621 | 116.7214 | 117.2018 |
| April | 117.2941 | 116.5485 | 117.1194 |
| May | 117.6201 | 116.9336 | 117.1640 |
| June | 117.3555 | 116.6999 | 117.0898 |
| July | 117.2437 | 116.6781 | 117.0728 |
| August | 117.1512 | 116.8752 | 117.0217 |
| September | 117.1665 | 116.8553 | 117.0517 |
| October | 117.1180 | 116.9291 | 117.0301 |
| November | 117.6875 | 116.4749 | 117.0086 |
| December | 117.1819 | 116.5387 | 116.9581 |