2024 RSD to CNY Historical Review

YEARLY HIGH

0.0682 CNY

YEARLY LOW

0.0645 CNY

YEARLY AVERAGE

0.0663 CNY

2024 RSD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0682. Conversely, the yearly low was recorded on December 18, dropping to 0.0645.

This high-to-low spread represents a total annual volatility of 0.0037 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0662 to the December average rate of 0.0652, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0682 was down 1.22% compared to the 2023 peak of 0.0690, 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 341 CNY

2023 Average 326 CNY

Yearly Trough Low 322 CNY

Transaction Impact: A difference of 18.69 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0675

0.0650

JanuMarcMayJulySeptNove

RSD to CNY 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 0.0663, compared to 0.0664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0663

H2 Avg (Jul–Dec) 0.0664

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0024 CNY (High: 0.0674 / Low: 0.0650). On the other end, September was the most stable month, with a tight range of 0.0007 CNY (High: 0.0674 / Low: 0.0668).

June Spread (Volatile) ±0.0024

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0673) against the same month in 2023 (average: 0.0673), the exchange rate shifted by -0.0000 (-0.04%).

2024 Avg (August) 0.0673

2023 Avg (August) 0.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0671	0.0655	0.0662
February	0.0666	0.0653	0.0659
March	0.0672	0.0662	0.0668
April	0.0671	0.0647	0.0662
May	0.0672	0.0650	0.0661
June	0.0674	0.0650	0.0663
July	0.0679	0.0665	0.0673
August	0.0682	0.0666	0.0673
September	0.0674	0.0668	0.0671
October	0.0665	0.0656	0.0660
November	0.0664	0.0645	0.0655
December	0.0657	0.0645	0.0652