YEARLY HIGH
0.0640 DKK
YEARLY LOW
0.0634 DKK
YEARLY AVERAGE
0.0637 DKK

2024 RSD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0640. Conversely, the yearly low was recorded on November 24, dropping to 0.0634.

This high-to-low spread represents a total annual volatility of 0.0007 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0636 to the December average rate of 0.0638, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0640 was down 0.17% compared to the 2023 peak of 0.0641, 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 320 DKK
2023 Average 318 DKK
Yearly Trough Low 317 DKK
Transaction Impact: A difference of 3.33 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0638
0.0636
JanuMarcMayJulySeptNove

RSD to DKK 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 0.0637, compared to 0.0638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0637
H2 Avg (Jul–Dec) 0.0638

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0007 DKK (High: 0.0640 / Low: 0.0634). On the other end, October was the most stable month, with a tight range of 0.0001 DKK (High: 0.0638 / Low: 0.0637).

November Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0001

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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0638) against the same month in 2023 (average: 0.0636), the exchange rate shifted by +0.0001 (+0.23%).

2024 Avg (November) 0.0638
2023 Avg (November) 0.0636

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0637 0.0636 0.0636
February 0.0637 0.0635 0.0636
March 0.0639 0.0636 0.0636
April 0.0640 0.0636 0.0637
May 0.0638 0.0634 0.0637
June 0.0639 0.0636 0.0637
July 0.0639 0.0637 0.0637
August 0.0638 0.0637 0.0638
September 0.0638 0.0637 0.0637
October 0.0638 0.0637 0.0637
November 0.0640 0.0634 0.0638
December 0.0640 0.0637 0.0638