2024 RSD to IRR Historical Review

YEARLY HIGH

403.2004 IRR

YEARLY LOW

373.7119 IRR

YEARLY AVERAGE

388.9946 IRR

2024 RSD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 403.2004. Conversely, the yearly low was recorded on December 31, dropping to 373.7119.

This high-to-low spread represents a total annual volatility of 29.4885 IRR. From a start-to-finish perspective, comparing the January average rate of 391.3347 to the December average rate of 377.7033, the exchange rate registered a net change of -3.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 403.2004 was down 0.53% compared to the 2023 peak of 405.3391, 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 2,016,002 IRR

2023 Average 1,947,752 IRR

Yearly Trough Low 1,868,560 IRR

Transaction Impact: A difference of 147,442.32 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

401.8488

375.5082

JanuMarcMayJulySeptNove

RSD to IRR 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 388.1983, compared to 389.7909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5926 points.

H1 Avg (Jan–Jun) 388.1983

H2 Avg (Jul–Dec) 389.7909

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 18.6149 IRR (High: 393.2702 / Low: 374.6554). On the other end, March was the most stable month, with a tight range of 5.3780 IRR (High: 392.8973 / Low: 387.5192).

November Spread (Volatile) ±18.6149

March Spread (Stable) ±5.3780

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 9.6722 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.6722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 399.6537) against the same month in 2023 (average: 384.6405), the exchange rate shifted by +15.0132 (+3.90%).

2024 Avg (September) 399.6537

2023 Avg (September) 384.6405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	396.9163	387.6509	391.3347
February	390.1555	384.2039	387.2019
March	392.8973	387.5192	389.9574
April	390.2205	381.4086	385.1571
May	391.0978	383.2853	388.4648
June	393.1229	383.9702	387.0739
July	393.4234	386.0440	390.3711
August	402.9526	387.8993	396.6047
September	403.2004	396.1929	399.6537
October	397.8137	387.4529	392.0424
November	393.2702	374.6554	382.3702
December	380.9685	373.7119	377.7033