YEARLY HIGH
0.0126 BND
YEARLY LOW
0.0120 BND
YEARLY AVERAGE
0.0123 BND

2024 RSD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0126. Conversely, the yearly low was recorded on December 18, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0006 BND. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0121, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0126 was down 1.12% compared to the 2023 peak of 0.0127, 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 63 BND
2023 Average 62 BND
Yearly Trough Low 60 BND
Transaction Impact: A difference of 3.09 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0125
0.0120
JanuMarcMayJulySeptNove

RSD to BND 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 0.0124, compared to 0.0123 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) 0.0124
H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 BND (High: 0.0123 / Low: 0.0120). On the other end, July was the most stable month, with a tight range of 0.0001 BND (High: 0.0125 / Low: 0.0124).

November Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0124) against the same month in 2023 (average: 0.0124), the exchange rate shifted by -0.0000 (-0.17%).

2024 Avg (June) 0.0124
2023 Avg (June) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0125 0.0123 0.0124
February 0.0124 0.0123 0.0124
March 0.0125 0.0124 0.0124
April 0.0125 0.0123 0.0124
May 0.0126 0.0124 0.0125
June 0.0126 0.0123 0.0124
July 0.0125 0.0124 0.0125
August 0.0125 0.0123 0.0124
September 0.0124 0.0122 0.0123
October 0.0123 0.0121 0.0122
November 0.0123 0.0120 0.0121
December 0.0121 0.0120 0.0121