2024 RSD to TOP Historical Review

YEARLY HIGH

0.0225 TOP

YEARLY LOW

0.0212 TOP

YEARLY AVERAGE

0.0219 TOP

2024 RSD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0225. Conversely, the yearly low was recorded on December 31, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0013 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0219 to the December average rate of 0.0214, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0225 was down 0.10% compared to the 2023 peak of 0.0225, 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 113 TOP

2023 Average 109 TOP

Yearly Trough Low 106 TOP

Transaction Impact: A difference of 6.73 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0224

0.0214

JanuMarcMayJulySeptNove

RSD to TOP 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 0.0218, compared to 0.0219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0218

H2 Avg (Jul–Dec) 0.0219

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0009 TOP (High: 0.0222 / Low: 0.0213). On the other end, January was the most stable month, with a tight range of 0.0002 TOP (High: 0.0220 / Low: 0.0218).

November Spread (Volatile) ±0.0009

January Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0223) against the same month in 2023 (average: 0.0221), the exchange rate shifted by +0.0001 (+0.67%).

2024 Avg (August) 0.0223

2023 Avg (August) 0.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0220	0.0218	0.0219
February	0.0220	0.0216	0.0218
March	0.0221	0.0218	0.0220
April	0.0221	0.0216	0.0218
May	0.0220	0.0218	0.0219
June	0.0220	0.0215	0.0217
July	0.0221	0.0217	0.0219
August	0.0225	0.0219	0.0223
September	0.0224	0.0221	0.0223
October	0.0222	0.0219	0.0220
November	0.0222	0.0213	0.0217
December	0.0217	0.0212	0.0214