2024 RSD to NOK Historical Review

YEARLY HIGH

0.1029 NOK

YEARLY LOW

0.0960 NOK

YEARLY AVERAGE

0.0994 NOK

2024 RSD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.1029. Conversely, the yearly low was recorded on January 1, dropping to 0.0960.

This high-to-low spread represents a total annual volatility of 0.0069 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0968 to the December average rate of 0.1006, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1029 was up 0.53% compared to the 2023 peak of 0.1024, 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 515 NOK

2023 Average 487 NOK

Yearly Trough Low 480 NOK

Transaction Impact: A difference of 34.50 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1012

0.0964

JanuMarcMayJulySeptNove

RSD to NOK 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 0.0982, compared to 0.1006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0982

H2 Avg (Jul–Dec) 0.1006

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0050 NOK (High: 0.1023 / Low: 0.0973). On the other end, January was the most stable month, with a tight range of 0.0017 NOK (High: 0.0977 / Low: 0.0960).

July Spread (Volatile) ±0.0050

January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1008) against the same month in 2023 (average: 0.0974), the exchange rate shifted by +0.0033 (+3.43%).

2024 Avg (August) 0.1008

2023 Avg (August) 0.0974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0977	0.0960	0.0968
February	0.0980	0.0961	0.0972
March	0.1000	0.0972	0.0985
April	0.1013	0.0989	0.0999
May	0.1006	0.0972	0.0991
June	0.0990	0.0964	0.0976
July	0.1023	0.0973	0.1001
August	0.1029	0.0994	0.1008
September	0.1023	0.0993	0.1007
October	0.1023	0.0998	0.1008
November	0.1025	0.0981	0.1004
December	0.1015	0.0994	0.1006