2024 SAR to RSD Historical Review

YEARLY HIGH

30.0973 RSD

YEARLY LOW

27.8562 RSD

YEARLY AVERAGE

28.8452 RSD

2024 SAR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 30.0973. Conversely, the yearly low was recorded on August 25, dropping to 27.8562.

This high-to-low spread represents a total annual volatility of 2.2411 RSD. From a start-to-finish perspective, comparing the January average rate of 28.6524 to the December average rate of 29.7314, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.0973 was up 0.76% compared to the 2023 peak of 29.8703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150,487 RSD

2023 Average 144,478 RSD

Yearly Trough Low 139,281 RSD

Transaction Impact: A difference of 11,205.70 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.8968

27.9121

JanuMarcMayJulySeptNove

SAR 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 28.8955, compared to 28.7950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1005 points.

H1 Avg (Jan–Jun) 28.8955

H2 Avg (Jul–Dec) 28.7950

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.4302 RSD (High: 29.9217 / Low: 28.4915). On the other end, March was the most stable month, with a tight range of 0.3849 RSD (High: 28.9214 / Low: 28.5365).

November Spread (Volatile) ±1.4302

March Spread (Stable) ±0.3849

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 0.4631 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4631

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 29.7314) against the same month in 2023 (average: 28.6152), the exchange rate shifted by +1.1162 (+3.90%).

2024 Avg (December) 29.7314

2023 Avg (December) 28.6152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.9220	28.2881	28.6524
February	29.1710	28.7366	28.9515
March	28.9214	28.5365	28.7470
April	29.3996	28.7469	29.1251
May	29.2590	28.6769	28.8900
June	29.2172	28.6294	29.0066
July	29.0590	28.5214	28.7539
August	28.9172	27.8562	28.2908
September	28.3191	27.8890	28.0775
October	28.9296	28.1982	28.5992
November	29.9217	28.4915	29.3170
December	30.0973	29.4093	29.7314