2024 IQD to RSD Historical Review

YEARLY HIGH

0.0863 RSD

YEARLY LOW

0.0798 RSD

YEARLY AVERAGE

0.0826 RSD

2024 IQD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0863. Conversely, the yearly low was recorded on August 23, dropping to 0.0798.

This high-to-low spread represents a total annual volatility of 0.0065 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0820 to the December average rate of 0.0853, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0863 was up 0.91% compared to the 2023 peak of 0.0855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 431 RSD

2023 Average 400 RSD

Yearly Trough Low 399 RSD

Transaction Impact: A difference of 32.32 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0858

0.0799

JanuMarcMayJulySeptNove

IQD 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 0.0827, compared to 0.0825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0827

H2 Avg (Jul–Dec) 0.0825

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0040 RSD (High: 0.0857 / Low: 0.0817). On the other end, September was the most stable month, with a tight range of 0.0013 RSD (High: 0.0811 / Low: 0.0799).

November Spread (Volatile) ±0.0040

September Spread (Stable) ±0.0013

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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0853) against the same month in 2023 (average: 0.0819), the exchange rate shifted by +0.0034 (+4.15%).

2024 Avg (December) 0.0853

2023 Avg (December) 0.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0829	0.0808	0.0820
February	0.0835	0.0822	0.0829
March	0.0832	0.0817	0.0823
April	0.0842	0.0823	0.0834
May	0.0838	0.0821	0.0827
June	0.0837	0.0820	0.0831
July	0.0833	0.0817	0.0824
August	0.0829	0.0798	0.0812
September	0.0811	0.0799	0.0804
October	0.0829	0.0808	0.0819
November	0.0857	0.0817	0.0840
December	0.0863	0.0843	0.0853