YEARLY HIGH
0.0352 AED
YEARLY LOW
0.0325 AED
YEARLY AVERAGE
0.0339 AED

2024 RSD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0352. Conversely, the yearly low was recorded on December 31, dropping to 0.0325.

This high-to-low spread represents a total annual volatility of 0.0027 AED. From a start-to-finish perspective, comparing the January average rate of 0.0342 to the December average rate of 0.0329, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0352 was down 0.18% compared to the 2023 peak of 0.0352, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176 AED
2023 Average 169 AED
Yearly Trough Low 162 AED
Transaction Impact: A difference of 13.36 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0351
0.0327
JanuMarcMayJulySeptNove

RSD to AED 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 0.0339, compared to 0.0340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0339
H2 Avg (Jul–Dec) 0.0340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0016 AED (High: 0.0343 / Low: 0.0327). On the other end, March was the most stable month, with a tight range of 0.0005 AED (High: 0.0343 / Low: 0.0339).

November Spread (Volatile) ±0.0016
March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0346) against the same month in 2023 (average: 0.0342), the exchange rate shifted by +0.0004 (+1.27%).

2024 Avg (August) 0.0346
2023 Avg (August) 0.0342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0346 0.0339 0.0342
February 0.0341 0.0336 0.0338
March 0.0343 0.0339 0.0341
April 0.0341 0.0333 0.0336
May 0.0342 0.0335 0.0339
June 0.0342 0.0335 0.0338
July 0.0343 0.0337 0.0341
August 0.0352 0.0338 0.0346
September 0.0351 0.0346 0.0349
October 0.0347 0.0338 0.0342
November 0.0343 0.0327 0.0334
December 0.0332 0.0325 0.0329