2024 PGK to RSD Historical Review

YEARLY HIGH

29.2157 RSD

YEARLY LOW

26.3415 RSD

YEARLY AVERAGE

27.8211 RSD

2024 PGK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 29.2157. Conversely, the yearly low was recorded on September 25, dropping to 26.3415.

This high-to-low spread represents a total annual volatility of 2.8742 RSD. From a start-to-finish perspective, comparing the January average rate of 28.7810 to the December average rate of 27.6270, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.2157 was down 7.71% compared to the 2023 peak of 31.6575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,079 RSD

2023 Average 150,563 RSD

Yearly Trough Low 131,708 RSD

Transaction Impact: A difference of 14,370.78 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.9983

26.3914

JanuMarcMayJulySeptNove

PGK 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 28.4128, compared to 27.2294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1834 points.

H1 Avg (Jan–Jun) 28.4128

H2 Avg (Jul–Dec) 27.2294

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.2379 RSD (High: 29.2157 / Low: 27.9778). On the other end, September was the most stable month, with a tight range of 0.6520 RSD (High: 26.9936 / Low: 26.3415).

January Spread (Volatile) ±1.2379

September Spread (Stable) ±0.6520

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 April and May, when the average rate fell by 0.6476 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 28.7810) against the same month in 2023 (average: 30.8873), the exchange rate shifted by -2.1063 (-6.82%).

2024 Avg (January) 28.7810

2023 Avg (January) 30.8873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.2157	27.9778	28.7810
February	29.1769	28.4067	28.7785
March	28.9910	27.9823	28.3841
April	29.1358	28.1789	28.5870
May	28.4355	27.7064	27.9394
June	28.4056	27.6058	28.0066
July	28.3112	27.3357	27.6642
August	27.6293	26.5044	27.0374
September	26.9936	26.3415	26.6087
October	27.5140	26.4762	27.0557
November	27.9093	26.6814	27.3833
December	28.1241	27.3247	27.6270