YEARLY HIGH
0.0598 BRL
YEARLY LOW
0.0453 BRL
YEARLY AVERAGE
0.0498 BRL

2024 RSD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0598. Conversely, the yearly low was recorded on February 13, dropping to 0.0453.

This high-to-low spread represents a total annual volatility of 0.0146 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0457 to the December average rate of 0.0548, the exchange rate registered a net change of 19.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0598 was up 21.52% compared to the 2023 peak of 0.0492, 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 299 BRL
2023 Average 230 BRL
Yearly Trough Low 226 BRL
Transaction Impact: A difference of 72.85 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0557
0.0448
JanuMarcMayJulySeptNove

RSD to BRL 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 0.0469, compared to 0.0527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0469
H2 Avg (Jul–Dec) 0.0527

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0064 BRL (High: 0.0598 / Low: 0.0535). On the other end, March was the most stable month, with a tight range of 0.0009 BRL (High: 0.0467 / Low: 0.0458).

December Spread (Volatile) ±0.0064
March Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0548) against the same month in 2023 (average: 0.0456), the exchange rate shifted by +0.0092 (+20.14%).

2024 Avg (December) 0.0548
2023 Avg (December) 0.0456

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0463 0.0453 0.0457
February 0.0462 0.0453 0.0457
March 0.0467 0.0458 0.0462
April 0.0479 0.0464 0.0469
May 0.0485 0.0466 0.0474
June 0.0512 0.0485 0.0496
July 0.0525 0.0501 0.0514
August 0.0535 0.0512 0.0523
September 0.0534 0.0517 0.0526
October 0.0539 0.0512 0.0523
November 0.0544 0.0516 0.0527
December 0.0598 0.0535 0.0548