2024 RSD to PHP Historical Review

YEARLY HIGH

0.5474 PHP

YEARLY LOW

0.5134 PHP

YEARLY AVERAGE

0.5294 PHP

2024 RSD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.5474. Conversely, the yearly low was recorded on February 13, dropping to 0.5134.

This high-to-low spread represents a total annual volatility of 0.0341 PHP. From a start-to-finish perspective, comparing the January average rate of 0.5208 to the December average rate of 0.5231, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5474 was up 3.46% compared to the 2023 peak of 0.5292, 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 2,737 PHP

2023 Average 2,566 PHP

Yearly Trough Low 2,567 PHP

Transaction Impact: A difference of 170.42 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5448

0.5134

JanuMarcMayJulySeptNove

RSD to PHP 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 0.5251, compared to 0.5337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.5251

H2 Avg (Jul–Dec) 0.5337

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0208 PHP (High: 0.5454 / Low: 0.5247). On the other end, July was the most stable month, with a tight range of 0.0059 PHP (High: 0.5450 / Low: 0.5391).

November Spread (Volatile) ±0.0208

July Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between February and July, 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 0.0100 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.5396) against the same month in 2023 (average: 0.5162), the exchange rate shifted by +0.0234 (+4.53%).

2024 Avg (June) 0.5396

2023 Avg (June) 0.5162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5257	0.5179	0.5208
February	0.5203	0.5134	0.5160
March	0.5230	0.5155	0.5186
April	0.5291	0.5141	0.5222
May	0.5413	0.5243	0.5333
June	0.5474	0.5344	0.5396
July	0.5450	0.5391	0.5422
August	0.5412	0.5315	0.5367
September	0.5352	0.5285	0.5319
October	0.5418	0.5285	0.5352
November	0.5454	0.5247	0.5332
December	0.5303	0.5149	0.5231