2024 RSD to IQD Historical Review

YEARLY HIGH

12.5269 IQD

YEARLY LOW

11.5886 IQD

YEARLY AVERAGE

12.1043 IQD

2024 RSD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 12.5269. Conversely, the yearly low was recorded on December 31, dropping to 11.5886.

This high-to-low spread represents a total annual volatility of 0.9383 IQD. From a start-to-finish perspective, comparing the January average rate of 12.1892 to the December average rate of 11.7255, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.5269 was down 9.48% compared to the 2023 peak of 13.8394, 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 62,634 IQD

2023 Average 62,677 IQD

Yearly Trough Low 57,943 IQD

Transaction Impact: A difference of 4,691.27 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.5083

11.6544

JanuMarcMayJulySeptNove

RSD to IQD 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 12.0859, compared to 12.1227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0368 points.

H1 Avg (Jan–Jun) 12.0859

H2 Avg (Jul–Dec) 12.1227

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5775 IQD (High: 12.2408 / Low: 11.6633). On the other end, February was the most stable month, with a tight range of 0.1949 IQD (High: 12.1692 / Low: 11.9743).

November Spread (Volatile) ±0.5775

February Spread (Stable) ±0.1949

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 0.2995 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.3213) against the same month in 2023 (average: 12.1837), the exchange rate shifted by +0.1377 (+1.13%).

2024 Avg (August) 12.3213

2023 Avg (August) 12.1837

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3742	12.0650	12.1892
February	12.1692	11.9743	12.0677
March	12.2401	12.0251	12.1437
April	12.1444	11.8746	11.9884
May	12.1774	11.9367	12.0851
June	12.1899	11.9417	12.0413
July	12.2397	12.0113	12.1415
August	12.5269	12.0603	12.3213
September	12.5228	12.3249	12.4371
October	12.3765	12.0570	12.2052
November	12.2408	11.6633	11.9056
December	11.8628	11.5886	11.7255