2024 RSD to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RSD to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RSD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 121.9218. Conversely, the yearly low was recorded on February 5, dropping to 113.2990.
This high-to-low spread represents a total annual volatility of 8.6227 UZS. From a start-to-finish perspective, comparing the January average rate of 115.1499 to the December average rate of 115.2438, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 121.9218 was up 3.99% compared to the 2023 peak of 117.2449, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RSD to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 115.8776, compared to 117.9088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0312 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 5.5216 UZS (High: 121.2650 / Low: 115.7434). On the other end, March was the most stable month, with a tight range of 2.0588 UZS (High: 117.4020 / Low: 115.3432).
Growth Streaks & Declines
TrendsBetween June and September, 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 October and November, when the average rate fell by 2.6883 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 120.6900) against the same month in 2023 (average: 110.7506), the exchange rate shifted by +9.9393 (+8.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 116.6410 | 114.0297 | 115.1499 |
| February | 115.7258 | 113.2990 | 114.5246 |
| March | 117.4020 | 115.3432 | 116.4562 |
| April | 117.5120 | 114.7962 | 115.9733 |
| May | 118.2332 | 114.8905 | 117.1073 |
| June | 117.8137 | 114.8634 | 116.0543 |
| July | 117.9339 | 115.1895 | 116.8624 |
| August | 121.2650 | 115.7434 | 118.9530 |
| September | 121.9218 | 119.3471 | 120.6900 |
| October | 120.4100 | 118.0137 | 119.1960 |
| November | 119.4483 | 114.1737 | 116.5077 |
| December | 116.2451 | 113.8048 | 115.2438 |