YEARLY HIGH
142.0838 RSD
YEARLY LOW
135.0155 RSD
YEARLY AVERAGE
138.2982 RSD

2024 FKP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 142.0838. Conversely, the yearly low was recorded on January 1, dropping to 135.0155.

This high-to-low spread represents a total annual volatility of 7.0684 RSD. From a start-to-finish perspective, comparing the January average rate of 136.5515 to the December average rate of 141.1072, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 142.0838 was up 3.20% compared to the 2023 peak of 137.6784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 710,419 RSD
2023 Average 674,058 RSD
Yearly Trough Low 675,077 RSD
Transaction Impact: A difference of 35,341.80 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

141.5628
136.0959
JanuMarcMayJulySeptNove

FKP 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 137.0848, compared to 139.5116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4268 points.

H1 Avg (Jan–Jun) 137.0848
H2 Avg (Jul–Dec) 139.5116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.1950 RSD (High: 139.0709 / Low: 135.8759). On the other end, February was the most stable month, with a tight range of 1.0204 RSD (High: 137.7404 / Low: 136.7199).

August Spread (Volatile) ±3.1950
February Spread (Stable) ±1.0204

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 1.3869 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.3869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 141.1072) against the same month in 2023 (average: 135.9474), the exchange rate shifted by +5.1598 (+3.80%).

2024 Avg (December) 141.1072
2023 Avg (December) 135.9474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 137.5291 135.0155 136.5515
February 137.7404 136.7199 137.1418
March 137.6655 136.0567 137.0003
April 137.2759 135.8144 136.6532
May 137.7458 136.0748 136.9146
June 139.0623 137.4384 138.2475
July 139.3079 137.8596 138.8090
August 139.0709 135.8759 137.4221
September 140.6809 138.5513 139.2817
October 140.7657 138.6887 140.0996
November 141.4248 139.4043 140.3501
December 142.0838 140.3840 141.1072