YEARLY HIGH
0.1669 MDL
YEARLY LOW
0.1599 MDL
YEARLY AVERAGE
0.1638 MDL

2024 RSD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 0.1669. Conversely, the yearly low was recorded on April 15, dropping to 0.1599.

This high-to-low spread represents a total annual volatility of 0.0070 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1640 to the December average rate of 0.1640, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1669 was down 5.69% compared to the 2023 peak of 0.1770, 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 835 MDL
2023 Average 835 MDL
Yearly Trough Low 800 MDL
Transaction Impact: A difference of 34.85 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1652
0.1620
JanuMarcMayJulySeptNove

RSD to MDL 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 0.1633, compared to 0.1644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1633
H2 Avg (Jul–Dec) 0.1644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0041 MDL (High: 0.1657 / Low: 0.1616). On the other end, July was the most stable month, with a tight range of 0.0019 MDL (High: 0.1650 / Low: 0.1630).

January Spread (Volatile) ±0.0041
July Spread (Stable) ±0.0019

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 March and April, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1647) against the same month in 2023 (average: 0.1645), the exchange rate shifted by +0.0003 (+0.15%).

2024 Avg (August) 0.1647
2023 Avg (August) 0.1645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1657 0.1616 0.1640
February 0.1653 0.1620 0.1640
March 0.1651 0.1623 0.1637
April 0.1635 0.1599 0.1623
May 0.1645 0.1607 0.1630
June 0.1639 0.1618 0.1629
July 0.1650 0.1630 0.1641
August 0.1669 0.1633 0.1647
September 0.1663 0.1632 0.1650
October 0.1660 0.1632 0.1646
November 0.1660 0.1621 0.1639
December 0.1660 0.1619 0.1640