2024 FJD to RSD Historical Review

YEARLY HIGH

49.3592 RSD

YEARLY LOW

47.0928 RSD

YEARLY AVERAGE

48.1112 RSD

2024 FJD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 49.3592. Conversely, the yearly low was recorded on September 16, dropping to 47.0928.

This high-to-low spread represents a total annual volatility of 2.2664 RSD. From a start-to-finish perspective, comparing the January average rate of 48.1123 to the December average rate of 48.4089, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 49.3592 was down 2.18% compared to the 2023 peak of 50.4592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 246,796 RSD

2023 Average 243,117 RSD

Yearly Trough Low 235,464 RSD

Transaction Impact: A difference of 11,332.03 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

48.6772

47.4886

JanuMarcMayJulySeptNove

FJD 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 48.1489, compared to 48.0734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0755 points.

H1 Avg (Jan–Jun) 48.1489

H2 Avg (Jul–Dec) 48.0734

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.0768 RSD (High: 49.3592 / Low: 47.2824). On the other end, April was the most stable month, with a tight range of 0.8038 RSD (High: 48.5309 / Low: 47.7271).

November Spread (Volatile) ±2.0768

April Spread (Stable) ±0.8038

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 July and August, when the average rate fell by 0.4798 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 48.5781) against the same month in 2023 (average: 47.9615), the exchange rate shifted by +0.6166 (+1.29%).

2024 Avg (November) 48.5781

2023 Avg (November) 47.9615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.4324	47.5398	48.1123
February	48.5098	47.5446	48.2727
March	48.1641	47.2717	47.8829
April	48.5309	47.7271	48.1997
May	48.5342	47.6243	48.0269
June	48.8794	47.5342	48.3990
July	48.5891	47.7121	48.0674
August	47.9832	47.1511	47.5876
September	48.1413	47.0928	47.7176
October	48.5103	47.3147	48.0809
November	49.3592	47.2824	48.5781
December	49.0453	47.9561	48.4089