2024 MMK to RSD Historical Review

YEARLY HIGH

0.0539 RSD

YEARLY LOW

0.0331 RSD

YEARLY AVERAGE

0.0511 RSD

2024 MMK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0539. Conversely, the yearly low was recorded on July 21, dropping to 0.0331.

This high-to-low spread represents a total annual volatility of 0.0208 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0512 to the December average rate of 0.0532, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0539 was up 1.05% compared to the 2023 peak of 0.0533, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 269 RSD

2023 Average 258 RSD

Yearly Trough Low 166 RSD

Transaction Impact: A difference of 103.85 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0537

0.0476

JanuMarcMayJulySeptNove

MMK 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 0.0513, compared to 0.0510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0513

H2 Avg (Jul–Dec) 0.0510

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0185 RSD (High: 0.0516 / Low: 0.0331). On the other end, September was the most stable month, with a tight range of 0.0008 RSD (High: 0.0507 / Low: 0.0499).

July Spread (Volatile) ±0.0185

September Spread (Stable) ±0.0008

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 June and July, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0532) against the same month in 2023 (average: 0.0511), the exchange rate shifted by +0.0022 (+4.26%).

2024 Avg (December) 0.0532

2023 Avg (December) 0.0511

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0517	0.0504	0.0512
February	0.0521	0.0513	0.0517
March	0.0519	0.0510	0.0514
April	0.0525	0.0514	0.0520
May	0.0523	0.0512	0.0516
June	0.0522	0.0440	0.0499
July	0.0516	0.0331	0.0481
August	0.0517	0.0498	0.0506
September	0.0507	0.0499	0.0502
October	0.0518	0.0504	0.0512
November	0.0535	0.0510	0.0525
December	0.0539	0.0527	0.0532