YEARLY HIGH
2.3961 YER
YEARLY LOW
2.2100 YER
YEARLY AVERAGE
2.3130 YER

2024 RSD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.3961. Conversely, the yearly low was recorded on December 31, dropping to 2.2100.

This high-to-low spread represents a total annual volatility of 0.1862 YER. From a start-to-finish perspective, comparing the January average rate of 2.3299 to the December average rate of 2.2391, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3961 was down 0.18% compared to the 2023 peak of 2.4004, 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 11,981 YER
2023 Average 11,548 YER
Yearly Trough Low 11,050 YER
Transaction Impact: A difference of 930.84 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3898
2.2254
JanuMarcMayJulySeptNove

RSD to YER 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 2.3100, compared to 2.3160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 2.3100
H2 Avg (Jul–Dec) 2.3160

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1094 YER (High: 2.3341 / Low: 2.2247). On the other end, March was the most stable month, with a tight range of 0.0313 YER (High: 2.3393 / Low: 2.3080).

November Spread (Volatile) ±0.1094
March Spread (Stable) ±0.0313

Growth Streaks & Declines

Trends

Between 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 0.0609 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.3584) against the same month in 2023 (average: 2.3286), the exchange rate shifted by +0.0299 (+1.28%).

2024 Avg (August) 2.3584
2023 Avg (August) 2.3286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3589 2.3082 2.3299
February 2.3227 2.2884 2.3053
March 2.3393 2.3080 2.3222
April 2.3223 2.2701 2.2920
May 2.3236 2.2813 2.3096
June 2.3317 2.2844 2.3012
July 2.3400 2.2963 2.3211
August 2.3961 2.3071 2.3584
September 2.3922 2.3557 2.3761
October 2.3661 2.3049 2.3311
November 2.3341 2.2247 2.2703
December 2.2666 2.2100 2.2391