2024 JMD to RSD Historical Review

YEARLY HIGH

0.7236 RSD

YEARLY LOW

0.6628 RSD

YEARLY AVERAGE

0.6922 RSD

2024 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7236. Conversely, the yearly low was recorded on September 24, dropping to 0.6628.

This high-to-low spread represents a total annual volatility of 0.0608 RSD. From a start-to-finish perspective, comparing the January average rate of 0.6929 to the December average rate of 0.7141, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7236 was down 1.78% compared to the 2023 peak of 0.7368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,618 RSD

2023 Average 3,518 RSD

Yearly Trough Low 3,314 RSD

Transaction Impact: A difference of 304.20 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7184

0.6665

JanuMarcMayJulySeptNove

JMD 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 0.6969, compared to 0.6875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.6969

H2 Avg (Jul–Dec) 0.6875

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0316 RSD (High: 0.7083 / Low: 0.6768). On the other end, February was the most stable month, with a tight range of 0.0097 RSD (High: 0.6998 / Low: 0.6901).

November Spread (Volatile) ±0.0316

February Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between January and April, 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 0.0123 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7141) against the same month in 2023 (average: 0.6911), the exchange rate shifted by +0.0230 (+3.33%).

2024 Avg (December) 0.7141

2023 Avg (December) 0.6911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6985	0.6847	0.6929
February	0.6998	0.6901	0.6943
March	0.7080	0.6883	0.6975
April	0.7118	0.6964	0.7044
May	0.7035	0.6894	0.6933
June	0.7044	0.6916	0.6989
July	0.7007	0.6842	0.6898
August	0.6939	0.6675	0.6775
September	0.6795	0.6628	0.6708
October	0.6847	0.6712	0.6781
November	0.7083	0.6768	0.6947
December	0.7236	0.7028	0.7141