YEARLY HIGH
0.1294 BWP
YEARLY LOW
0.1208 BWP
YEARLY AVERAGE
0.1253 BWP

2024 RSD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1294. Conversely, the yearly low was recorded on December 18, dropping to 0.1208.

This high-to-low spread represents a total annual volatility of 0.0086 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1264 to the December average rate of 0.1228, the exchange rate registered a net change of -2.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1294 was up 1.61% compared to the 2023 peak of 0.1274, 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 647 BWP
2023 Average 616 BWP
Yearly Trough Low 604 BWP
Transaction Impact: A difference of 43.13 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1271
0.1224
JanuMarcMayJulySeptNove

RSD to BWP 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 0.1260, compared to 0.1246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1260
H2 Avg (Jul–Dec) 0.1246

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0050 BWP (High: 0.1294 / Low: 0.1244). On the other end, March was the most stable month, with a tight range of 0.0019 BWP (High: 0.1278 / Low: 0.1259).

April Spread (Volatile) ±0.0050
March Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1255) against the same month in 2023 (average: 0.1248), the exchange rate shifted by +0.0007 (+0.60%).

2024 Avg (May) 0.1255
2023 Avg (May) 0.1248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1273 0.1248 0.1264
February 0.1277 0.1247 0.1263
March 0.1278 0.1259 0.1267
April 0.1294 0.1244 0.1259
May 0.1294 0.1248 0.1255
June 0.1279 0.1231 0.1253
July 0.1263 0.1238 0.1256
August 0.1278 0.1248 0.1264
September 0.1270 0.1239 0.1257
October 0.1248 0.1228 0.1240
November 0.1243 0.1216 0.1230
December 0.1242 0.1208 0.1228