2024 PKR to RSD Historical Review

YEARLY HIGH

0.4062 RSD

YEARLY LOW

0.3753 RSD

YEARLY AVERAGE

0.3887 RSD

2024 PKR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.4062. Conversely, the yearly low was recorded on August 24, dropping to 0.3753.

This high-to-low spread represents a total annual volatility of 0.0309 RSD. From a start-to-finish perspective, comparing the January average rate of 0.3839 to the December average rate of 0.4016, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4062 was down 17.28% compared to the 2023 peak of 0.4911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 203,121 RSD

2023 Average 194,744 RSD

Yearly Trough Low 187,663 RSD

Transaction Impact: A difference of 15,457.88 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4039

0.3763

JanuMarcMayJulySeptNove

PKR 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 0.3888, compared to 0.3886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.3888

H2 Avg (Jul–Dec) 0.3886

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0193 RSD (High: 0.4045 / Low: 0.3851). On the other end, September was the most stable month, with a tight range of 0.0050 RSD (High: 0.3815 / Low: 0.3765).

November Spread (Volatile) ±0.0193

September Spread (Stable) ±0.0050

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 0.0062 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4016) against the same month in 2023 (average: 0.3806), the exchange rate shifted by +0.0210 (+5.53%).

2024 Avg (December) 0.4016

2023 Avg (December) 0.3806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3899	0.3797	0.3839
February	0.3933	0.3854	0.3892
March	0.3908	0.3835	0.3869
April	0.3969	0.3881	0.3929
May	0.3941	0.3866	0.3894
June	0.3939	0.3853	0.3907
July	0.3916	0.3842	0.3876
August	0.3895	0.3753	0.3813
September	0.3815	0.3765	0.3786
October	0.3912	0.3812	0.3865
November	0.4045	0.3851	0.3962
December	0.4062	0.3974	0.4016