2024 KRW to RSD Historical Review

YEARLY HIGH

0.0828 RSD

YEARLY LOW

0.0761 RSD

YEARLY AVERAGE

0.0794 RSD

2024 KRW to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0828. Conversely, the yearly low was recorded on December 29, dropping to 0.0761.

This high-to-low spread represents a total annual volatility of 0.0067 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0811 to the December average rate of 0.0775, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0828 was down 6.12% compared to the 2023 peak of 0.0882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 414,169 RSD

2023 Average 415,134 RSD

Yearly Trough Low 380,469 RSD

Transaction Impact: A difference of 33,699.64 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0819

0.0771

JanuMarcMayJulySeptNove

KRW 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 0.0802, compared to 0.0785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0802

H2 Avg (Jul–Dec) 0.0785

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0032 RSD (High: 0.0793 / Low: 0.0761). On the other end, June was the most stable month, with a tight range of 0.0012 RSD (High: 0.0792 / Low: 0.0780).

December Spread (Volatile) ±0.0032

June Spread (Stable) ±0.0012

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 November and December, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0811) against the same month in 2023 (average: 0.0876), the exchange rate shifted by -0.0065 (-7.37%).

2024 Avg (January) 0.0811

2023 Avg (January) 0.0876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0828	0.0801	0.0811
February	0.0822	0.0810	0.0815
March	0.0818	0.0802	0.0809
April	0.0805	0.0792	0.0797
May	0.0803	0.0782	0.0794
June	0.0792	0.0780	0.0788
July	0.0790	0.0774	0.0780
August	0.0793	0.0778	0.0786
September	0.0800	0.0786	0.0792
October	0.0799	0.0780	0.0789
November	0.0800	0.0776	0.0789
December	0.0793	0.0761	0.0775