2024 RSD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RSD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RSD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 27.3293. Conversely, the yearly low was recorded on January 20, dropping to 24.7334.
This high-to-low spread represents a total annual volatility of 2.5959 CDF. From a start-to-finish perspective, comparing the January average rate of 25.3311 to the December average rate of 25.5563, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 27.3293 was up 4.15% compared to the 2023 peak of 26.2412, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RSD to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.6393, compared to 26.3953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7560 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.1560 CDF (High: 26.5874 / Low: 25.4314). On the other end, March was the most stable month, with a tight range of 0.4727 CDF (High: 25.9454 / Low: 25.4726).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6025 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 27.0357) against the same month in 2023 (average: 22.6104), the exchange rate shifted by +4.4253 (+19.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.8075 | 24.7334 | 25.3311 |
| February | 25.6219 | 25.1393 | 25.3867 |
| March | 25.9454 | 25.4726 | 25.7326 |
| April | 26.0809 | 25.2324 | 25.5556 |
| May | 26.1432 | 25.4496 | 25.8010 |
| June | 26.2816 | 25.7747 | 26.0288 |
| July | 26.7264 | 26.0975 | 26.3666 |
| August | 27.2833 | 26.2985 | 26.8387 |
| September | 27.3293 | 26.7139 | 27.0357 |
| October | 26.9799 | 26.1881 | 26.5884 |
| November | 26.5874 | 25.4314 | 25.9859 |
| December | 25.9516 | 25.1730 | 25.5563 |