YEARLY HIGH
0.0073 RSD
YEARLY LOW
0.0012 RSD
YEARLY AVERAGE
0.0021 RSD

2024 LBP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0073. Conversely, the yearly low was recorded on August 24, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0061 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0012, the exchange rate registered a net change of -82.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0073 was down 90.06% compared to the 2023 peak of 0.0733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 RSD
2023 Average 68 RSD
Yearly Trough Low 6 RSD
Transaction Impact: A difference of 30.60 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0077
0.0006
JanuMarcMayJulySeptNove

LBP 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 0.0029, compared to 0.0012 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) 0.0029
H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0061 RSD (High: 0.0073 / Low: 0.0012). On the other end, September was the most stable month, with a tight range of 0.0000 RSD (High: 0.0012 / Low: 0.0012).

February Spread (Volatile) ±0.0061
September Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0056) against the same month in 2023 (average: 0.0187), the exchange rate shifted by -0.0132 (-70.25%).

2024 Avg (February) 0.0056
2023 Avg (February) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0070 0.0071
February 0.0073 0.0012 0.0056
March 0.0012 0.0012 0.0012
April 0.0012 0.0012 0.0012
May 0.0012 0.0012 0.0012
June 0.0012 0.0012 0.0012
July 0.0012 0.0012 0.0012
August 0.0012 0.0012 0.0012
September 0.0012 0.0012 0.0012
October 0.0012 0.0012 0.0012
November 0.0013 0.0012 0.0012
December 0.0013 0.0012 0.0012