2024 RSD to SEK Historical Review

YEARLY HIGH

0.1004 SEK

YEARLY LOW

0.0950 SEK

YEARLY AVERAGE

0.0977 SEK

2024 RSD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1004. Conversely, the yearly low was recorded on January 1, dropping to 0.0950.

This high-to-low spread represents a total annual volatility of 0.0054 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0963 to the December average rate of 0.0984, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1004 was down 1.46% compared to the 2023 peak of 0.1019, 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 502 SEK

2023 Average 489 SEK

Yearly Trough Low 475 SEK

Transaction Impact: A difference of 27.18 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0995

0.0958

JanuMarcMayJulySeptNove

RSD to SEK 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 0.0973, compared to 0.0981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0973

H2 Avg (Jul–Dec) 0.0981

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0046 SEK (High: 0.1004 / Low: 0.0958). On the other end, December was the most stable month, with a tight range of 0.0013 SEK (High: 0.0990 / Low: 0.0977).

July Spread (Volatile) ±0.0046

December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and May, 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 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0991) against the same month in 2023 (average: 0.0968), the exchange rate shifted by +0.0023 (+2.35%).

2024 Avg (April) 0.0991

2023 Avg (April) 0.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0973	0.0950	0.0963
February	0.0974	0.0952	0.0961
March	0.0987	0.0954	0.0967
April	0.1004	0.0978	0.0991
May	0.1001	0.0974	0.0992
June	0.0975	0.0958	0.0966
July	0.1004	0.0958	0.0986
August	0.0989	0.0968	0.0979
September	0.0979	0.0962	0.0970
October	0.0991	0.0969	0.0975
November	0.1000	0.0977	0.0989
December	0.0990	0.0977	0.0984