2024 SEK to RSD Historical Review

YEARLY HIGH

10.5294 RSD

YEARLY LOW

9.9595 RSD

YEARLY AVERAGE

10.2375 RSD

2024 SEK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.5294. Conversely, the yearly low was recorded on April 30, dropping to 9.9595.

This high-to-low spread represents a total annual volatility of 0.5700 RSD. From a start-to-finish perspective, comparing the January average rate of 10.3862 to the December average rate of 10.1583, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.5294 was down 1.14% compared to the 2023 peak of 10.6510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,647 RSD

2023 Average 51,101 RSD

Yearly Trough Low 49,797 RSD

Transaction Impact: A difference of 2,849.88 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.4367

10.0488

JanuMarcMayJulySeptNove

SEK 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 10.2769, compared to 10.1981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0788 points.

H1 Avg (Jan–Jun) 10.2769

H2 Avg (Jul–Dec) 10.1981

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.4766 RSD (High: 10.4416 / Low: 9.9650). On the other end, December was the most stable month, with a tight range of 0.1321 RSD (High: 10.2315 / Low: 10.0994).

July Spread (Volatile) ±0.4766

December Spread (Stable) ±0.1321

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2466 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 10.3862) against the same month in 2023 (average: 10.4726), the exchange rate shifted by -0.0864 (-0.82%).

2024 Avg (January) 10.3862

2023 Avg (January) 10.4726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5294	10.2769	10.3862
February	10.5056	10.2696	10.4044
March	10.4850	10.1363	10.3417
April	10.2227	9.9595	10.0951
May	10.2655	9.9867	10.0811
June	10.4395	10.2518	10.3530
July	10.4416	9.9650	10.1452
August	10.3325	10.1105	10.2137
September	10.3946	10.2133	10.3069
October	10.3229	10.0921	10.2517
November	10.2358	10.0046	10.1129
December	10.2315	10.0994	10.1583