YEARLY HIGH
0.0361 PEN
YEARLY LOW
0.0330 PEN
YEARLY AVERAGE
0.0347 PEN

2024 RSD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.0361. Conversely, the yearly low was recorded on December 25, dropping to 0.0330.

This high-to-low spread represents a total annual volatility of 0.0030 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0347 to the December average rate of 0.0334, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0361 was down 0.39% compared to the 2023 peak of 0.0362, 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 180 PEN
2023 Average 172 PEN
Yearly Trough Low 165 PEN
Transaction Impact: A difference of 15.16 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0360
0.0332
JanuMarcMayJulySeptNove

RSD to PEN 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 0.0346, compared to 0.0348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0346
H2 Avg (Jul–Dec) 0.0348

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0015 PEN (High: 0.0352 / Low: 0.0337). On the other end, October was the most stable month, with a tight range of 0.0006 PEN (High: 0.0352 / Low: 0.0346).

November Spread (Volatile) ±0.0015
October Spread (Stable) ±0.0006

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 0.0009 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0358) against the same month in 2023 (average: 0.0339), the exchange rate shifted by +0.0019 (+5.54%).

2024 Avg (September) 0.0358
2023 Avg (September) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0353 0.0344 0.0347
February 0.0356 0.0350 0.0353
March 0.0350 0.0339 0.0345
April 0.0344 0.0335 0.0340
May 0.0348 0.0339 0.0344
June 0.0351 0.0345 0.0348
July 0.0353 0.0345 0.0349
August 0.0358 0.0344 0.0352
September 0.0361 0.0354 0.0358
October 0.0352 0.0346 0.0349
November 0.0352 0.0337 0.0343
December 0.0339 0.0330 0.0334