YEARLY HIGH
0.1789 NAD
YEARLY LOW
0.1581 NAD
YEARLY AVERAGE
0.1694 NAD

2024 RSD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1789. Conversely, the yearly low was recorded on December 12, dropping to 0.1581.

This high-to-low spread represents a total annual volatility of 0.0208 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1748 to the December average rate of 0.1632, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1789 was down 2.98% compared to the 2023 peak of 0.1844, 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 895 NAD
2023 Average 854 NAD
Yearly Trough Low 791 NAD
Transaction Impact: A difference of 103.79 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1761
0.1616
JanuMarcMayJulySeptNove

RSD to NAD 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 0.1727, compared to 0.1660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.1727
H2 Avg (Jul–Dec) 0.1660

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0126 NAD (High: 0.1761 / Low: 0.1635). On the other end, October was the most stable month, with a tight range of 0.0032 NAD (High: 0.1650 / Low: 0.1618).

June Spread (Volatile) ±0.0126
October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1748) against the same month in 2023 (average: 0.1631), the exchange rate shifted by +0.0117 (+7.17%).

2024 Avg (February) 0.1748
2023 Avg (February) 0.1631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1779 0.1717 0.1748
February 0.1789 0.1713 0.1748
March 0.1769 0.1727 0.1749
April 0.1753 0.1697 0.1729
May 0.1712 0.1676 0.1697
June 0.1761 0.1635 0.1694
July 0.1711 0.1665 0.1691
August 0.1738 0.1667 0.1699
September 0.1698 0.1635 0.1672
October 0.1650 0.1618 0.1637
November 0.1650 0.1608 0.1629
December 0.1672 0.1581 0.1632