2024 NPR to RSD Historical Review

YEARLY HIGH

0.8320 RSD

YEARLY LOW

0.7789 RSD

YEARLY AVERAGE

0.8087 RSD

2024 NPR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.8320. Conversely, the yearly low was recorded on August 24, dropping to 0.7789.

This high-to-low spread represents a total annual volatility of 0.0532 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8082 to the December average rate of 0.8219, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8320 was down 2.38% compared to the 2023 peak of 0.8523, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,160 RSD

2023 Average 4,104 RSD

Yearly Trough Low 3,894 RSD

Transaction Impact: A difference of 265.85 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8256

0.7820

JanuMarcMayJulySeptNove

NPR 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 0.8140, compared to 0.8033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.8140

H2 Avg (Jul–Dec) 0.8033

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0369 RSD (High: 0.8320 / Low: 0.7951). On the other end, September was the most stable month, with a tight range of 0.0100 RSD (High: 0.7914 / Low: 0.7814).

November Spread (Volatile) ±0.0369

September Spread (Stable) ±0.0100

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 0.0151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.8159) against the same month in 2023 (average: 0.8141), the exchange rate shifted by +0.0018 (+0.22%).

2024 Avg (November) 0.8159

2023 Avg (November) 0.8141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8178	0.7948	0.8082
February	0.8242	0.8117	0.8175
March	0.8170	0.8057	0.8120
April	0.8268	0.8098	0.8192
May	0.8176	0.8065	0.8124
June	0.8211	0.8050	0.8148
July	0.8162	0.8006	0.8067
August	0.8106	0.7789	0.7916
September	0.7914	0.7814	0.7856
October	0.8070	0.7886	0.7984
November	0.8320	0.7951	0.8159
December	0.8312	0.8148	0.8219