2024 SBD to RSD Historical Review

YEARLY HIGH

13.4853 RSD

YEARLY LOW

12.2632 RSD

YEARLY AVERAGE

12.8496 RSD

2024 SBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 13.4853. Conversely, the yearly low was recorded on March 12, dropping to 12.2632.

This high-to-low spread represents a total annual volatility of 1.2221 RSD. From a start-to-finish perspective, comparing the January average rate of 12.7606 to the December average rate of 13.3292, the exchange rate registered a net change of 4.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.4853 was down 0.08% compared to the 2023 peak of 13.4959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,427 RSD

2023 Average 64,950 RSD

Yearly Trough Low 61,316 RSD

Transaction Impact: A difference of 6,110.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.4102

12.4389

JanuMarcMayJulySeptNove

SBD 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 12.8087, compared to 12.8906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0819 points.

H1 Avg (Jan–Jun) 12.8087

H2 Avg (Jul–Dec) 12.8906

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5758 RSD (High: 12.8390 / Low: 12.2632). On the other end, February was the most stable month, with a tight range of 0.2379 RSD (High: 12.9628 / Low: 12.7249).

March Spread (Volatile) ±0.5758

February Spread (Stable) ±0.2379

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2454 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 13.3292) against the same month in 2023 (average: 12.6911), the exchange rate shifted by +0.6381 (+5.03%).

2024 Avg (December) 13.3292

2023 Avg (December) 12.6911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9279	12.5900	12.7606
February	12.9628	12.7249	12.8443
March	12.8390	12.2632	12.7353
April	13.0106	12.7059	12.8840
May	12.9372	12.6378	12.7697
June	12.9880	12.6727	12.8583
July	12.9182	12.6487	12.7652
August	12.8026	12.2748	12.5198
September	12.7509	12.4742	12.6323
October	13.1118	12.7581	12.9281
November	13.3999	12.8965	13.1689
December	13.4853	13.1947	13.3292