YEARLY HIGH
1.0215 RUB
YEARLY LOW
0.7667 RUB
YEARLY AVERAGE
0.8575 RUB

2024 RSD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 1.0215. Conversely, the yearly low was recorded on June 19, dropping to 0.7667.

This high-to-low spread represents a total annual volatility of 0.2548 RUB. From a start-to-finish perspective, comparing the January average rate of 0.8315 to the December average rate of 0.9293, the exchange rate registered a net change of 11.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0215 was up 9.38% compared to the 2023 peak of 0.9339, 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 5,108 RUB
2023 Average 3,945 RUB
Yearly Trough Low 3,833 RUB
Transaction Impact: A difference of 1,274.23 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9413
0.7978
JanuMarcMayJulySeptNove

RSD to RUB 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 0.8387, compared to 0.8763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 0.8387
H2 Avg (Jul–Dec) 0.8763

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1465 RUB (High: 1.0215 / Low: 0.8750). On the other end, March was the most stable month, with a tight range of 0.0177 RUB (High: 0.8608 / Low: 0.8430).

November Spread (Volatile) ±0.1465
March Spread (Stable) ±0.0177

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0307 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.9167) against the same month in 2023 (average: 0.8358), the exchange rate shifted by +0.0809 (+9.68%).

2024 Avg (November) 0.9167
2023 Avg (November) 0.8358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8576 0.8169 0.8315
February 0.8749 0.8304 0.8459
March 0.8608 0.8430 0.8520
April 0.8616 0.8413 0.8513
May 0.8566 0.8206 0.8410
June 0.8379 0.7667 0.8103
July 0.8273 0.7879 0.8097
August 0.8778 0.7881 0.8387
September 0.8990 0.8285 0.8667
October 0.9074 0.8832 0.8964
November 1.0215 0.8750 0.9167
December 1.0061 0.8873 0.9293