2024 RSD to ZAR Historical Review

YEARLY HIGH

0.1785 ZAR

YEARLY LOW

0.1590 ZAR

YEARLY AVERAGE

0.1694 ZAR

2024 RSD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.1785. Conversely, the yearly low was recorded on December 11, dropping to 0.1590.

This high-to-low spread represents a total annual volatility of 0.0195 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1745 to the December average rate of 0.1633, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1785 was down 1.32% compared to the 2023 peak of 0.1809, 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 892 ZAR

2023 Average 851 ZAR

Yearly Trough Low 795 ZAR

Transaction Impact: A difference of 97.29 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1764

0.1619

JanuMarcMayJulySeptNove

RSD to ZAR 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 0.1728, compared to 0.1660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1728

H2 Avg (Jul–Dec) 0.1660

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0123 ZAR (High: 0.1764 / Low: 0.1641). On the other end, October was the most stable month, with a tight range of 0.0032 ZAR (High: 0.1651 / Low: 0.1618).

June Spread (Volatile) ±0.0123

October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0034 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1752) against the same month in 2023 (average: 0.1635), the exchange rate shifted by +0.0117 (+7.17%).

2024 Avg (February) 0.1752

2023 Avg (February) 0.1635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1783	0.1709	0.1745
February	0.1785	0.1724	0.1752
March	0.1767	0.1728	0.1749
April	0.1757	0.1705	0.1729
May	0.1739	0.1674	0.1699
June	0.1764	0.1641	0.1692
July	0.1709	0.1671	0.1690
August	0.1748	0.1677	0.1702
September	0.1696	0.1631	0.1670
October	0.1651	0.1618	0.1636
November	0.1668	0.1597	0.1631
December	0.1677	0.1590	0.1633