2024 MGA to RSD Historical Review

YEARLY HIGH

0.0253 RSD

YEARLY LOW

0.0228 RSD

YEARLY AVERAGE

0.0239 RSD

2024 MGA to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0253. Conversely, the yearly low was recorded on August 23, dropping to 0.0228.

This high-to-low spread represents a total annual volatility of 0.0024 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0238, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0253 was down 2.40% compared to the 2023 peak of 0.0259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 126 RSD

2023 Average 122 RSD

Yearly Trough Low 114 RSD

Transaction Impact: A difference of 12.16 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0250

0.0230

JanuMarcMayJulySeptNove

MGA 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 0.0242, compared to 0.0235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0242

H2 Avg (Jul–Dec) 0.0235

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0011 RSD (High: 0.0249 / Low: 0.0237). On the other end, February was the most stable month, with a tight range of 0.0003 RSD (High: 0.0240 / Low: 0.0237).

March Spread (Volatile) ±0.0011

February Spread (Stable) ±0.0003

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0249) against the same month in 2023 (average: 0.0244), the exchange rate shifted by +0.0004 (+1.76%).

2024 Avg (April) 0.0249

2023 Avg (April) 0.0244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0240	0.0230	0.0235
February	0.0240	0.0237	0.0239
March	0.0249	0.0237	0.0241
April	0.0253	0.0245	0.0249
May	0.0247	0.0242	0.0244
June	0.0246	0.0241	0.0243
July	0.0244	0.0237	0.0239
August	0.0238	0.0228	0.0233
September	0.0234	0.0230	0.0232
October	0.0236	0.0232	0.0234
November	0.0241	0.0233	0.0237
December	0.0243	0.0235	0.0238