YEARLY HIGH
13.1417 KRW
YEARLY LOW
12.0724 KRW
YEARLY AVERAGE
12.5997 KRW

2024 RSD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 13.1417. Conversely, the yearly low was recorded on January 1, dropping to 12.0724.

This high-to-low spread represents a total annual volatility of 1.0693 KRW. From a start-to-finish perspective, comparing the January average rate of 12.3281 to the December average rate of 12.8993, the exchange rate registered a net change of 4.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.1417 was up 3.67% compared to the 2023 peak of 12.6759, 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 65,708 KRW
2023 Average 60,256 KRW
Yearly Trough Low 60,362 KRW
Transaction Impact: A difference of 5,346.48 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.9620
12.2102
JanuMarcMayJulySeptNove

RSD to KRW 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 12.4643, compared to 12.7352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2709 points.

H1 Avg (Jan–Jun) 12.4643
H2 Avg (Jul–Dec) 12.7352

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.5294 KRW (High: 13.1417 / Low: 12.6123). On the other end, February was the most stable month, with a tight range of 0.1791 KRW (High: 12.3491 / Low: 12.1700).

December Spread (Volatile) ±0.5294
February Spread (Stable) ±0.1791

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0987 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0987

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.8993) against the same month in 2023 (average: 12.1252), the exchange rate shifted by +0.7741 (+6.38%).

2024 Avg (December) 12.8993
2023 Avg (December) 12.1252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.4888 12.0724 12.3281
February 12.3491 12.1700 12.2729
March 12.4682 12.2305 12.3593
April 12.6301 12.4257 12.5404
May 12.7949 12.4586 12.5875
June 12.8175 12.6252 12.6977
July 12.9251 12.6599 12.8166
August 12.8468 12.6169 12.7180
September 12.7164 12.4981 12.6247
October 12.8194 12.5090 12.6811
November 12.8925 12.5024 12.6713
December 13.1417 12.6123 12.8993