YEARLY HIGH
0.3958 UAH
YEARLY LOW
0.3447 UAH
YEARLY AVERAGE
0.3712 UAH

2024 RSD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.3958. Conversely, the yearly low was recorded on February 5, dropping to 0.3447.

This high-to-low spread represents a total annual volatility of 0.0511 UAH. From a start-to-finish perspective, comparing the January average rate of 0.3522 to the December average rate of 0.3740, the exchange rate registered a net change of 6.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3958 was up 9.51% compared to the 2023 peak of 0.3615, 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 1,979 UAH
2023 Average 1,698 UAH
Yearly Trough Low 1,723 UAH
Transaction Impact: A difference of 255.70 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3959
0.3457
JanuMarcMayJulySeptNove

RSD to UAH 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 0.3601, compared to 0.3824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.3601
H2 Avg (Jul–Dec) 0.3824

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0193 UAH (High: 0.3876 / Low: 0.3683). On the other end, December was the most stable month, with a tight range of 0.0052 UAH (High: 0.3766 / Low: 0.3714).

November Spread (Volatile) ±0.0193
December Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0082 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3917) against the same month in 2023 (average: 0.3361), the exchange rate shifted by +0.0556 (+16.55%).

2024 Avg (September) 0.3917
2023 Avg (September) 0.3361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3594 0.3455 0.3522
February 0.3567 0.3447 0.3499
March 0.3653 0.3522 0.3591
April 0.3629 0.3564 0.3605
May 0.3751 0.3607 0.3668
June 0.3761 0.3694 0.3722
July 0.3876 0.3728 0.3802
August 0.3949 0.3790 0.3880
September 0.3958 0.3880 0.3917
October 0.3902 0.3796 0.3843
November 0.3876 0.3683 0.3761
December 0.3766 0.3714 0.3740