2024 RSD to SGD Historical Review

YEARLY HIGH

0.0125 SGD

YEARLY LOW

0.0120 SGD

YEARLY AVERAGE

0.0123 SGD

2024 RSD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0125. Conversely, the yearly low was recorded on November 24, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0006 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0121, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0125 was down 1.16% compared to the 2023 peak of 0.0127, 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 63 SGD

2023 Average 62 SGD

Yearly Trough Low 60 SGD

Transaction Impact: A difference of 2.85 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0125

0.0121

JanuMarcMayJulySeptNove

RSD to SGD 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 0.0124, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0124

H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 SGD (High: 0.0123 / Low: 0.0120). On the other end, December was the most stable month, with a tight range of 0.0001 SGD (High: 0.0121 / Low: 0.0121).

November Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0124) against the same month in 2023 (average: 0.0125), the exchange rate shifted by -0.0000 (-0.17%).

2024 Avg (June) 0.0124

2023 Avg (June) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0125	0.0124	0.0124
February	0.0124	0.0123	0.0124
March	0.0125	0.0124	0.0124
April	0.0125	0.0124	0.0124
May	0.0125	0.0124	0.0125
June	0.0125	0.0124	0.0124
July	0.0125	0.0124	0.0125
August	0.0125	0.0123	0.0124
September	0.0124	0.0122	0.0123
October	0.0123	0.0121	0.0122
November	0.0123	0.0120	0.0121
December	0.0121	0.0121	0.0121