2024 RSD to BIF Historical Review

YEARLY HIGH

27.7031 BIF

YEARLY LOW

25.7702 BIF

YEARLY AVERAGE

26.6554 BIF

2024 RSD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 27.7031. Conversely, the yearly low was recorded on November 22, dropping to 25.7702.

This high-to-low spread represents a total annual volatility of 1.9329 BIF. From a start-to-finish perspective, comparing the January average rate of 26.5558 to the December average rate of 26.3927, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.7031 was up 1.94% compared to the 2023 peak of 27.1761, 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 138,516 BIF

2023 Average 117,583 BIF

Yearly Trough Low 128,851 BIF

Transaction Impact: A difference of 9,664.60 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.5927

26.1086

JanuMarcMayJulySeptNove

RSD to BIF 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 26.4314, compared to 26.8793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4479 points.

H1 Avg (Jan–Jun) 26.4314

H2 Avg (Jul–Dec) 26.8793

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.3515 BIF (High: 27.1217 / Low: 25.7702). On the other end, February was the most stable month, with a tight range of 0.4338 BIF (High: 26.5300 / Low: 26.0962).

November Spread (Volatile) ±1.3515

February Spread (Stable) ±0.4338

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 0.5158 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 27.4690) against the same month in 2023 (average: 25.8163), the exchange rate shifted by +1.6527 (+6.40%).

2024 Avg (September) 27.4690

2023 Avg (September) 25.8163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.9282	26.2957	26.5558
February	26.5300	26.0962	26.3398
March	26.7919	26.2636	26.5358
April	26.5751	25.9663	26.2322
May	26.6959	26.1361	26.4873
June	26.7591	26.2125	26.4376
July	26.9034	26.3896	26.6909
August	27.5787	26.5289	27.1376
September	27.7031	27.2179	27.4690
October	27.5090	26.6973	27.0507
November	27.1217	25.7702	26.5349
December	26.7408	26.1559	26.3927