2024 ISK to RSD Historical Review

YEARLY HIGH

0.8131 RSD

YEARLY LOW

0.7623 RSD

YEARLY AVERAGE

0.7845 RSD

2024 ISK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.8131. Conversely, the yearly low was recorded on September 4, dropping to 0.7623.

This high-to-low spread represents a total annual volatility of 0.0508 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7849 to the December average rate of 0.8053, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8131 was down 1.48% compared to the 2023 peak of 0.8254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,066 RSD

2023 Average 3,933 RSD

Yearly Trough Low 3,812 RSD

Transaction Impact: A difference of 254.01 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8089

0.7659

JanuMarcMayJulySeptNove

ISK 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 0.7838, compared to 0.7852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.7838

H2 Avg (Jul–Dec) 0.7852

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0251 RSD (High: 0.8098 / Low: 0.7847). On the other end, July was the most stable month, with a tight range of 0.0043 RSD (High: 0.7851 / Low: 0.7808).

November Spread (Volatile) ±0.0251

July Spread (Stable) ±0.0043

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 0.0126 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8053) against the same month in 2023 (average: 0.7786), the exchange rate shifted by +0.0267 (+3.43%).

2024 Avg (December) 0.8053

2023 Avg (December) 0.7786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7963	0.7775	0.7849
February	0.7921	0.7827	0.7883
March	0.7931	0.7787	0.7858
April	0.7832	0.7754	0.7788
May	0.7876	0.7780	0.7806
June	0.7884	0.7804	0.7844
July	0.7851	0.7808	0.7832
August	0.7808	0.7645	0.7706
September	0.7778	0.7623	0.7695
October	0.7882	0.7809	0.7849
November	0.8098	0.7847	0.7975
December	0.8131	0.8005	0.8053