YEARLY HIGH
1.9092 LRD
YEARLY LOW
1.6016 LRD
YEARLY AVERAGE
1.7694 LRD

2024 RSD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 1.9092. Conversely, the yearly low was recorded on December 18, dropping to 1.6016.

This high-to-low spread represents a total annual volatility of 0.3076 LRD. From a start-to-finish perspective, comparing the January average rate of 1.7602 to the December average rate of 1.6168, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9092 was up 6.86% compared to the 2023 peak of 1.7866, 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 9,546 LRD
2023 Average 8,062 LRD
Yearly Trough Low 8,008 LRD
Transaction Impact: A difference of 1,538.15 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8803
1.5929
JanuMarcMayJulySeptNove

RSD to LRD 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 1.7724, compared to 1.7664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 1.7724
H2 Avg (Jul–Dec) 1.7664

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1863 LRD (High: 1.7886 / Low: 1.6023). On the other end, January was the most stable month, with a tight range of 0.0249 LRD (High: 1.7767 / Low: 1.7518).

November Spread (Volatile) ±0.1863
January Spread (Stable) ±0.0249

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 0.1130 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.8564) against the same month in 2023 (average: 1.6964), the exchange rate shifted by +0.1600 (+9.43%).

2024 Avg (September) 1.8564
2023 Avg (September) 1.6964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7767 1.7518 1.7602
February 1.7667 1.7413 1.7543
March 1.7991 1.7732 1.7850
April 1.7900 1.7047 1.7645
May 1.7992 1.7623 1.7864
June 1.8051 1.7694 1.7838
July 1.8239 1.7840 1.8072
August 1.8647 1.8011 1.8423
September 1.9092 1.8348 1.8564
October 1.8316 1.7702 1.7944
November 1.7886 1.6023 1.6814
December 1.6276 1.6016 1.6168