2024 RSD to MMK Historical Review

YEARLY HIGH

30.1968 MMK

YEARLY LOW

18.5573 MMK

YEARLY AVERAGE

19.6021 MMK

2024 RSD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 30.1968. Conversely, the yearly low was recorded on December 31, dropping to 18.5573.

This high-to-low spread represents a total annual volatility of 11.6395 MMK. From a start-to-finish perspective, comparing the January average rate of 19.5403 to the December average rate of 18.7851, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.1968 was up 49.99% compared to the 2023 peak of 20.1323, 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 150,984 MMK

2023 Average 96,839 MMK

Yearly Trough Low 92,787 MMK

Transaction Impact: A difference of 58,197.32 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.3395

18.5529

JanuMarcMayJulySeptNove

RSD to MMK 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 19.5101, compared to 19.6942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1841 points.

H1 Avg (Jan–Jun) 19.5101

H2 Avg (Jul–Dec) 19.6942

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 10.8138 MMK (High: 30.1968 / Low: 19.3830). On the other end, September was the most stable month, with a tight range of 0.3102 MMK (High: 20.0516 / Low: 19.7414).

July Spread (Volatile) ±10.8138

September Spread (Stable) ±0.3102

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 1.3423 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 21.1073) against the same month in 2023 (average: 19.7862), the exchange rate shifted by +1.3210 (+6.68%).

2024 Avg (July) 21.1073

2023 Avg (July) 19.7862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.8522	19.3271	19.5403
February	19.5075	19.1962	19.3451
March	19.6198	19.2771	19.4680
April	19.4676	19.0332	19.2166
May	19.5205	19.1336	19.3755
June	22.7280	19.1511	20.1150
July	30.1968	19.3830	21.1073
August	20.0842	19.3339	19.7650
September	20.0516	19.7414	19.9138
October	19.8304	19.3117	19.5359
November	19.6016	18.6756	19.0581
December	18.9907	18.5573	18.7851