YEARLY HIGH
0.5406 RSD
YEARLY LOW
0.4997 RSD
YEARLY AVERAGE
0.5173 RSD

2024 GYD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5406. Conversely, the yearly low was recorded on August 24, dropping to 0.4997.

This high-to-low spread represents a total annual volatility of 0.0409 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5135 to the December average rate of 0.5341, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5406 was up 0.99% compared to the 2023 peak of 0.5353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,703 RSD
2023 Average 2,579 RSD
Yearly Trough Low 2,499 RSD
Transaction Impact: A difference of 204.26 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5372
0.5005
JanuMarcMayJulySeptNove

GYD 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 0.5179, compared to 0.5167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.5179
H2 Avg (Jul–Dec) 0.5167

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0256 RSD (High: 0.5371 / Low: 0.5115). On the other end, September was the most stable month, with a tight range of 0.0082 RSD (High: 0.5081 / Low: 0.4999).

November Spread (Volatile) ±0.0256
September Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between September and December, 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 0.0079 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5341) against the same month in 2023 (average: 0.5124), the exchange rate shifted by +0.0217 (+4.24%).

2024 Avg (December) 0.5341
2023 Avg (December) 0.5124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5193 0.5052 0.5135
February 0.5229 0.5146 0.5187
March 0.5207 0.5002 0.5150
April 0.5271 0.5151 0.5221
May 0.5243 0.5139 0.5179
June 0.5246 0.5133 0.5200
July 0.5211 0.5116 0.5157
August 0.5191 0.4997 0.5078
September 0.5081 0.4999 0.5035
October 0.5198 0.5064 0.5131
November 0.5371 0.5115 0.5262
December 0.5406 0.5277 0.5341