2024 RWF to RSD Historical Review

YEARLY HIGH

0.0858 RSD

YEARLY LOW

0.0775 RSD

YEARLY AVERAGE

0.0822 RSD

2024 RWF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0858. Conversely, the yearly low was recorded on September 26, dropping to 0.0775.

This high-to-low spread represents a total annual volatility of 0.0083 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0846 to the December average rate of 0.0807, the exchange rate registered a net change of -4.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0858 was down 17.74% compared to the 2023 peak of 0.1042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RWF based on timing:

Yearly Peak High 429 RSD

2023 Average 469 RSD

Yearly Trough Low 387 RSD

Transaction Impact: A difference of 41.30 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0858

0.0778

JanuMarcMayJulySeptNove

RWF to RSD 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 0.0842, compared to 0.0802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0842

H2 Avg (Jul–Dec) 0.0802

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0042 RSD (High: 0.0825 / Low: 0.0783). On the other end, June was the most stable month, with a tight range of 0.0014 RSD (High: 0.0837 / Low: 0.0823).

August Spread (Volatile) ±0.0042

June Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0851) against the same month in 2023 (average: 0.1009), the exchange rate shifted by -0.0158 (-15.65%).

2024 Avg (February) 0.0851

2023 Avg (February) 0.1009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0855	0.0835	0.0846
February	0.0858	0.0837	0.0851
March	0.0848	0.0831	0.0840
April	0.0856	0.0837	0.0847
May	0.0849	0.0822	0.0835
June	0.0837	0.0823	0.0832
July	0.0836	0.0813	0.0821
August	0.0825	0.0783	0.0802
September	0.0795	0.0775	0.0785
October	0.0804	0.0781	0.0794
November	0.0822	0.0784	0.0804
December	0.0836	0.0795	0.0807