2024 RSD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RSD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RSD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 856.3232. Conversely, the yearly low was recorded on February 14, dropping to 137.2249.
This high-to-low spread represents a total annual volatility of 719.0983 LBP. From a start-to-finish perspective, comparing the January average rate of 139.8823 to the December average rate of 801.5667, the exchange rate registered a net change of 473.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 856.3232 was up 491.43% compared to the 2023 peak of 144.7896, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RSD to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 627.9608, compared to 828.8933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 200.9325 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 692.1266 LBP (High: 829.3516 / Low: 137.2249). On the other end, January was the most stable month, with a tight range of 3.5007 LBP (High: 142.0805 / Low: 138.5798).
Growth Streaks & Declines
TrendsBetween 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 20.6077 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 843.0615) against the same month in 2023 (average: 140.0923), the exchange rate shifted by +702.9692 (+501.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 142.0805 | 138.5798 | 139.8823 |
| February | 829.3516 | 137.2249 | 328.3618 |
| March | 837.8010 | 822.1067 | 830.5669 |
| April | 830.3653 | 811.7159 | 819.5327 |
| May | 831.2293 | 816.2589 | 826.2054 |
| June | 833.6310 | 816.3175 | 823.2156 |
| July | 836.6952 | 821.3898 | 830.0744 |
| August | 856.3232 | 825.3245 | 843.0615 |
| September | 856.1798 | 842.6800 | 850.1980 |
| October | 846.2325 | 824.4983 | 834.5333 |
| November | 836.7624 | 797.3125 | 813.9256 |
| December | 811.0432 | 792.1814 | 801.5667 |