YEARLY HIGH
27.5496 RSD
YEARLY LOW
23.0241 RSD
YEARLY AVERAGE
27.1843 RSD

2024 PLN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 27.5496. Conversely, the yearly low was recorded on January 1, dropping to 23.0241.

This high-to-low spread represents a total annual volatility of 4.5254 RSD. From a start-to-finish perspective, comparing the January average rate of 26.7507 to the December average rate of 27.3949, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.5496 was up 1.09% compared to the 2023 peak of 27.2529, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 550,991 RSD
2023 Average 516,976 RSD
Yearly Trough Low 460,483 RSD
Transaction Impact: A difference of 90,508.28 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.4593
26.6863
JanuMarcMayJulySeptNove

PLN 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 27.1197, compared to 27.2489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1291 points.

H1 Avg (Jan–Jun) 27.1197
H2 Avg (Jul–Dec) 27.2489

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 4.0402 RSD (High: 27.0644 / Low: 23.0241). On the other end, September was the most stable month, with a tight range of 0.2715 RSD (High: 27.5189 / Low: 27.2474).

January Spread (Volatile) ±4.0402
September Spread (Stable) ±0.2715

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2584 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2584

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 27.3533) against the same month in 2023 (average: 25.8280), the exchange rate shifted by +1.5253 (+5.91%).

2024 Avg (May) 27.3533
2023 Avg (May) 25.8280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.0644 23.0241 26.7507
February 27.2259 26.9452 27.0987
March 27.3718 27.0108 27.2057
April 27.4931 26.8209 27.2152
May 27.5496 27.0340 27.3533
June 27.4425 26.7189 27.0949
July 27.5086 27.1134 27.3432
August 27.4831 27.0599 27.2759
September 27.5189 27.2474 27.3661
October 27.2961 26.8795 27.1086
November 27.2118 26.7996 27.0044
December 27.4818 27.1029 27.3949