2024 JOD to RSD Historical Review

YEARLY HIGH

159.4120 RSD

YEARLY LOW

147.3969 RSD

YEARLY AVERAGE

152.6710 RSD

2024 JOD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 159.4120. Conversely, the yearly low was recorded on August 25, dropping to 147.3969.

This high-to-low spread represents a total annual volatility of 12.0151 RSD. From a start-to-finish perspective, comparing the January average rate of 151.4636 to the December average rate of 157.4784, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 159.4120 was up 0.94% compared to the 2023 peak of 157.9241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 797,060 RSD

2023 Average 764,246 RSD

Yearly Trough Low 736,984 RSD

Transaction Impact: A difference of 60,075.69 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

158.3595

147.7859

JanuMarcMayJulySeptNove

JOD 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 152.8576, compared to 152.4844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3733 points.

H1 Avg (Jan–Jun) 152.8576

H2 Avg (Jul–Dec) 152.4844

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 7.4841 RSD (High: 158.4248 / Low: 150.9406). On the other end, March was the most stable month, with a tight range of 2.0406 RSD (High: 153.0146 / Low: 150.9739).

November Spread (Volatile) ±7.4841

March Spread (Stable) ±2.0406

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 2.3997 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.3997

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 157.4784) against the same month in 2023 (average: 151.2985), the exchange rate shifted by +6.1799 (+4.08%).

2024 Avg (December) 157.4784

2023 Avg (December) 151.2985

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	152.9343	149.4931	151.4636
February	154.2822	151.9525	153.1168
March	153.0146	150.9739	152.0802
April	155.6117	152.0999	154.1224
May	154.8497	151.7137	152.8584
June	154.6654	151.4704	153.5044
July	153.8128	150.9491	152.1885
August	153.1170	147.3969	149.7889
September	149.9563	147.6365	148.6670
October	153.2285	149.2832	151.5232
November	158.4248	150.9406	155.2601
December	159.4120	155.7741	157.4784