2024 FKP to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |