YEARLY HIGH
0.0815 SBD
YEARLY LOW
0.0742 SBD
YEARLY AVERAGE
0.0778 SBD

2024 RSD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0815. Conversely, the yearly low was recorded on December 31, dropping to 0.0742.

This high-to-low spread represents a total annual volatility of 0.0074 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0784 to the December average rate of 0.0750, the exchange rate registered a net change of -4.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0815 was up 1.60% compared to the 2023 peak of 0.0803, 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 408 SBD
2023 Average 385 SBD
Yearly Trough Low 371 SBD
Transaction Impact: A difference of 36.95 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0804
0.0745
JanuMarcMayJulySeptNove

RSD to SBD 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 0.0781, compared to 0.0776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0781
H2 Avg (Jul–Dec) 0.0776

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0037 SBD (High: 0.0815 / Low: 0.0779). On the other end, February was the most stable month, with a tight range of 0.0014 SBD (High: 0.0786 / Low: 0.0771).

March Spread (Volatile) ±0.0037
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0785) against the same month in 2023 (average: 0.0752), the exchange rate shifted by +0.0034 (+4.46%).

2024 Avg (March) 0.0785
2023 Avg (March) 0.0752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0794 0.0774 0.0784
February 0.0786 0.0771 0.0779
March 0.0815 0.0779 0.0785
April 0.0787 0.0769 0.0776
May 0.0791 0.0773 0.0783
June 0.0789 0.0770 0.0778
July 0.0791 0.0774 0.0783
August 0.0815 0.0781 0.0799
September 0.0802 0.0784 0.0792
October 0.0784 0.0763 0.0774
November 0.0775 0.0746 0.0759
December 0.0758 0.0742 0.0750