2024 ILS to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ILS to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ILS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 31.5171. Conversely, the yearly low was recorded on September 20, dropping to 27.7073.
This high-to-low spread represents a total annual volatility of 3.8098 RSD. From a start-to-finish perspective, comparing the January average rate of 28.9784 to the December average rate of 30.8261, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 31.5171 was down 2.08% compared to the 2023 peak of 32.1875, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ILS 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 29.3228, compared to 29.1826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1402 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 2.0521 RSD (High: 30.6197 / Low: 28.5676). On the other end, May was the most stable month, with a tight range of 0.4925 RSD (High: 29.5130 / Low: 29.0204).
Growth Streaks & Declines
TrendsBetween 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 0.8417 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 30.8261) against the same month in 2023 (average: 29.2950), the exchange rate shifted by +1.5311 (+5.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.8003 | 28.3737 | 28.9784 |
| February | 30.3624 | 29.4047 | 29.7966 |
| March | 30.3239 | 29.2162 | 29.6804 |
| April | 29.5177 | 28.6224 | 29.0642 |
| May | 29.5130 | 29.0204 | 29.2707 |
| June | 29.4152 | 28.7548 | 29.1462 |
| July | 29.7426 | 28.7553 | 29.3701 |
| August | 29.1685 | 27.9380 | 28.5284 |
| September | 29.1408 | 27.7073 | 28.2448 |
| October | 29.1187 | 27.8705 | 28.5237 |
| November | 30.6197 | 28.5676 | 29.6024 |
| December | 31.5171 | 30.4115 | 30.8261 |