2024 RSD to CVE Historical Review

YEARLY HIGH

0.9570 CVE

YEARLY LOW

0.9255 CVE

YEARLY AVERAGE

0.9425 CVE

2024 RSD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.9570. Conversely, the yearly low was recorded on April 13, dropping to 0.9255.

This high-to-low spread represents a total annual volatility of 0.0315 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9412 to the December average rate of 0.9423, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9570 was down 1.33% compared to the 2023 peak of 0.9699, 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 4,785 CVE

2023 Average 4,709 CVE

Yearly Trough Low 4,627 CVE

Transaction Impact: A difference of 157.62 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9455

0.9399

JanuMarcMayJulySeptNove

RSD to CVE 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 0.9419, compared to 0.9432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.9419

H2 Avg (Jul–Dec) 0.9432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0214 CVE (High: 0.9469 / Low: 0.9255). On the other end, October was the most stable month, with a tight range of 0.0081 CVE (High: 0.9472 / Low: 0.9391).

April Spread (Volatile) ±0.0214

October Spread (Stable) ±0.0081

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 August and September, 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 (August 2024: 0.9451) against the same month in 2023 (average: 0.9406), the exchange rate shifted by +0.0045 (+0.48%).

2024 Avg (August) 0.9451

2023 Avg (August) 0.9406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9469	0.9375	0.9412
February	0.9474	0.9352	0.9420
March	0.9503	0.9358	0.9420
April	0.9469	0.9255	0.9404
May	0.9521	0.9384	0.9429
June	0.9470	0.9372	0.9427
July	0.9495	0.9395	0.9429
August	0.9570	0.9419	0.9451
September	0.9482	0.9400	0.9433
October	0.9472	0.9391	0.9432
November	0.9493	0.9294	0.9424
December	0.9479	0.9295	0.9423