2024 RSD to TRY Historical Review

YEARLY HIGH

0.3263 TRY

YEARLY LOW

0.2777 TRY

YEARLY AVERAGE

0.3039 TRY

2024 RSD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.3263. Conversely, the yearly low was recorded on January 3, dropping to 0.2777.

This high-to-low spread represents a total annual volatility of 0.0486 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2801 to the December average rate of 0.3134, the exchange rate registered a net change of 11.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3263 was up 16.85% compared to the 2023 peak of 0.2792, 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 1,631 TRY

2023 Average 1,099 TRY

Yearly Trough Low 1,389 TRY

Transaction Impact: A difference of 242.86 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3277

0.2757

JanuMarcMayJulySeptNove

RSD to TRY 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 0.2925, compared to 0.3153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.2925

H2 Avg (Jul–Dec) 0.3153

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0201 TRY (High: 0.3257 / Low: 0.3057). On the other end, May was the most stable month, with a tight range of 0.0038 TRY (High: 0.2998 / Low: 0.2959).

August Spread (Volatile) ±0.0201

May Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 0.0059 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3233) against the same month in 2023 (average: 0.2459), the exchange rate shifted by +0.0775 (+31.51%).

2024 Avg (September) 0.3233

2023 Avg (September) 0.2459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2816	0.2777	0.2801
February	0.2887	0.2800	0.2838
March	0.3025	0.2903	0.2974
April	0.2989	0.2941	0.2962
May	0.2998	0.2959	0.2978
June	0.3033	0.2969	0.2996
July	0.3094	0.2990	0.3052
August	0.3257	0.3057	0.3175
September	0.3263	0.3200	0.3233
October	0.3232	0.3155	0.3190
November	0.3206	0.3075	0.3131
December	0.3148	0.3102	0.3134