2024 RSD to INR Historical Review

YEARLY HIGH

0.8024 INR

YEARLY LOW

0.7516 INR

YEARLY AVERAGE

0.7733 INR

2024 RSD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.8024. Conversely, the yearly low was recorded on November 23, dropping to 0.7516.

This high-to-low spread represents a total annual volatility of 0.0507 INR. From a start-to-finish perspective, comparing the January average rate of 0.7735 to the December average rate of 0.7611, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8024 was up 1.64% compared to the 2023 peak of 0.7894, 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 4,012 INR

2023 Average 3,809 INR

Yearly Trough Low 3,758 INR

Transaction Impact: A difference of 253.58 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7988

0.7577

JanuMarcMayJulySeptNove

RSD to INR 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 0.7681, compared to 0.7785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.7681

H2 Avg (Jul–Dec) 0.7785

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0343 INR (High: 0.7859 / Low: 0.7516). On the other end, September was the most stable month, with a tight range of 0.0086 INR (High: 0.7989 / Low: 0.7903).

November Spread (Volatile) ±0.0343

September Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0163 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.7903) against the same month in 2023 (average: 0.7706), the exchange rate shifted by +0.0196 (+2.55%).

2024 Avg (August) 0.7903

2023 Avg (August) 0.7706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7843	0.7657	0.7735
February	0.7696	0.7593	0.7642
March	0.7750	0.7661	0.7704
April	0.7723	0.7576	0.7636
May	0.7754	0.7600	0.7694
June	0.7776	0.7625	0.7673
July	0.7812	0.7654	0.7751
August	0.8024	0.7717	0.7903
September	0.7989	0.7903	0.7954
October	0.7928	0.7738	0.7826
November	0.7859	0.7516	0.7663
December	0.7665	0.7536	0.7611