2024 JPY to RSD Historical Review

YEARLY HIGH

0.7532 RSD

YEARLY LOW

0.6686 RSD

YEARLY AVERAGE

0.7151 RSD

2024 JPY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.7532. Conversely, the yearly low was recorded on July 10, dropping to 0.6686.

This high-to-low spread represents a total annual volatility of 0.0845 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7352 to the December average rate of 0.7253, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7532 was down 11.12% compared to the 2023 peak of 0.8474, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 376,580 RSD

2023 Average 386,567 RSD

Yearly Trough Low 334,319 RSD

Transaction Impact: A difference of 42,260.82 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7417

0.6797

JanuMarcMayJulySeptNove

JPY 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 0.7124, compared to 0.7178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.7124

H2 Avg (Jul–Dec) 0.7178

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0533 RSD (High: 0.7219 / Low: 0.6686). On the other end, June was the most stable month, with a tight range of 0.0161 RSD (High: 0.6947 / Low: 0.6786).

July Spread (Volatile) ±0.0533

June Spread (Stable) ±0.0161

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0200 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7352) against the same month in 2023 (average: 0.8359), the exchange rate shifted by -0.1007 (-12.05%).

2024 Avg (January) 0.7352

2023 Avg (January) 0.8359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7532	0.7260	0.7352
February	0.7369	0.7173	0.7257
March	0.7307	0.7110	0.7199
April	0.7180	0.6921	0.7093
May	0.7127	0.6863	0.6958
June	0.6947	0.6786	0.6882
July	0.7219	0.6686	0.6848
August	0.7402	0.7146	0.7260
September	0.7505	0.7205	0.7365
October	0.7360	0.7033	0.7165
November	0.7383	0.7052	0.7176
December	0.7450	0.7103	0.7253