2024 KWD to RSD Historical Review

YEARLY HIGH

367.0294 RSD

YEARLY LOW

342.2567 RSD

YEARLY AVERAGE

352.6992 RSD

2024 KWD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 367.0294. Conversely, the yearly low was recorded on August 25, dropping to 342.2567.

This high-to-low spread represents a total annual volatility of 24.7727 RSD. From a start-to-finish perspective, comparing the January average rate of 349.3616 to the December average rate of 362.9534, the exchange rate registered a net change of 3.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 367.0294 was up 0.93% compared to the 2023 peak of 363.6553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,835,147 RSD

2023 Average 1,763,722 RSD

Yearly Trough Low 1,711,283 RSD

Transaction Impact: A difference of 123,863.60 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

364.7310

343.4004

JanuMarcMayJulySeptNove

KWD 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 352.5369, compared to 352.8615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3246 points.

H1 Avg (Jan–Jun) 352.5369

H2 Avg (Jul–Dec) 352.8615

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 15.5659 RSD (High: 365.0558 / Low: 349.4900). On the other end, March was the most stable month, with a tight range of 4.3172 RSD (High: 352.6899 / Low: 348.3727).

November Spread (Volatile) ±15.5659

March Spread (Stable) ±4.3172

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 5.2389 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.2389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 362.9534) against the same month in 2023 (average: 348.6236), the exchange rate shifted by +14.3298 (+4.11%).

2024 Avg (December) 362.9534

2023 Avg (December) 348.6236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	352.6981	344.6180	349.3616
February	354.9647	350.4294	352.7369
March	352.6899	348.3727	350.6851
April	358.0085	350.7236	354.8048
May	356.0971	350.1302	352.7365
June	357.3313	350.3363	354.8963
July	355.6900	350.2055	352.6624
August	355.0665	342.2567	347.4234
September	347.7382	342.9019	345.1780
October	354.3416	346.2918	350.5135
November	365.0558	349.4900	358.4382
December	367.0294	359.4050	362.9534