2024 RSD to MXN Historical Review

YEARLY HIGH

0.1894 MXN

YEARLY LOW

0.1506 MXN

YEARLY AVERAGE

0.1693 MXN

2024 RSD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.1894. Conversely, the yearly low was recorded on April 11, dropping to 0.1506.

This high-to-low spread represents a total annual volatility of 0.0388 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1587 to the December average rate of 0.1813, the exchange rate registered a net change of 14.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1894 was up 6.37% compared to the 2023 peak of 0.1781, 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 947 MXN

2023 Average 818 MXN

Yearly Trough Low 753 MXN

Transaction Impact: A difference of 194.04 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1892

0.1507

JanuMarcMayJulySeptNove

RSD to MXN 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 0.1580, compared to 0.1806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 0.1580

H2 Avg (Jul–Dec) 0.1806

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0161 MXN (High: 0.1733 / Low: 0.1572). On the other end, February was the most stable month, with a tight range of 0.0020 MXN (High: 0.1585 / Low: 0.1565).

June Spread (Volatile) ±0.0161

February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 0.0033 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1860) against the same month in 2023 (average: 0.1575), the exchange rate shifted by +0.0286 (+18.13%).

2024 Avg (September) 0.1860

2023 Avg (September) 0.1575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1603	0.1573	0.1587
February	0.1585	0.1565	0.1574
March	0.1577	0.1527	0.1555
April	0.1575	0.1506	0.1539
May	0.1574	0.1535	0.1550
June	0.1733	0.1572	0.1672
July	0.1734	0.1642	0.1679
August	0.1890	0.1745	0.1805
September	0.1894	0.1813	0.1860
October	0.1871	0.1803	0.1832
November	0.1882	0.1813	0.1846
December	0.1846	0.1789	0.1813