2024 KES to RSD Historical Review

YEARLY HIGH

0.8744 RSD

YEARLY LOW

0.6609 RSD

YEARLY AVERAGE

0.8074 RSD

2024 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.8744. Conversely, the yearly low was recorded on January 25, dropping to 0.6609.

This high-to-low spread represents a total annual volatility of 0.2135 RSD. From a start-to-finish perspective, comparing the January average rate of 0.6726 to the December average rate of 0.8637, the exchange rate registered a net change of 28.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8744 was down 3.10% compared to the 2023 peak of 0.9024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,372 RSD

2023 Average 3,893 RSD

Yearly Trough Low 3,304 RSD

Transaction Impact: A difference of 1,067.64 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8828

0.6535

JanuMarcMayJulySeptNove

KES 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 0.7778, compared to 0.8371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0594 points.

H1 Avg (Jan–Jun) 0.7778

H2 Avg (Jul–Dec) 0.8371

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1002 RSD (High: 0.7626 / Low: 0.6625). On the other end, September was the most stable month, with a tight range of 0.0122 RSD (High: 0.8240 / Low: 0.8118).

February Spread (Volatile) ±0.1002

September Spread (Stable) ±0.0122

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 0.0140 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8637) against the same month in 2023 (average: 0.6950), the exchange rate shifted by +0.1687 (+24.27%).

2024 Avg (December) 0.8637

2023 Avg (December) 0.6950

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6875	0.6609	0.6726
February	0.7626	0.6625	0.7137
March	0.8222	0.7356	0.7850
April	0.8652	0.8143	0.8321
May	0.8419	0.8063	0.8238
June	0.8530	0.8230	0.8394
July	0.8482	0.8193	0.8359
August	0.8351	0.8098	0.8219
September	0.8240	0.8118	0.8170
October	0.8422	0.8205	0.8323
November	0.8708	0.8296	0.8518
December	0.8744	0.8528	0.8637