2024 NZD to RSD Historical Review

YEARLY HIGH

67.2339 RSD

YEARLY LOW

63.2139 RSD

YEARLY AVERAGE

65.4632 RSD

2024 NZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 67.2339. Conversely, the yearly low was recorded on December 27, dropping to 63.2139.

This high-to-low spread represents a total annual volatility of 4.0200 RSD. From a start-to-finish perspective, comparing the January average rate of 66.3428 to the December average rate of 64.0848, the exchange rate registered a net change of -3.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 67.2339 was down 4.15% compared to the 2023 peak of 70.1475, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 336,169 RSD

2023 Average 332,856 RSD

Yearly Trough Low 316,069 RSD

Transaction Impact: A difference of 20,100.04 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

67.0022

63.8196

JanuMarcMayJulySeptNove

NZD 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 65.9861, compared to 64.9404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0457 points.

H1 Avg (Jan–Jun) 65.9861

H2 Avg (Jul–Dec) 64.9404

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 2.9916 RSD (High: 66.4586 / Low: 63.4670). On the other end, April was the most stable month, with a tight range of 1.0179 RSD (High: 65.5187 / Low: 64.5008).

July Spread (Volatile) ±2.9916

April Spread (Stable) ±1.0179

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.6659 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 66.7370) against the same month in 2023 (average: 66.3385), the exchange rate shifted by +0.3985 (+0.60%).

2024 Avg (June) 66.7370

2023 Avg (June) 66.3385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	67.0641	65.4443	66.3428
February	67.1587	65.8508	66.5353
March	66.1655	64.6898	65.4969
April	65.5187	64.5008	65.0337
May	66.4905	65.1091	65.7707
June	67.2339	66.1012	66.7370
July	66.4586	63.4670	65.0711
August	66.1572	63.5916	64.5993
September	66.6791	64.9691	65.5971
October	66.4511	64.2048	65.2508
November	65.8243	64.2347	65.0391
December	65.5437	63.2139	64.0848