YEARLY HIGH
12.9195 RSD
YEARLY LOW
11.9468 RSD
YEARLY AVERAGE
12.3715 RSD

2024 SVC to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.9195. Conversely, the yearly low was recorded on August 24, dropping to 11.9468.

This high-to-low spread represents a total annual volatility of 0.9728 RSD. From a start-to-finish perspective, comparing the January average rate of 12.2823 to the December average rate of 12.7683, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.9195 was up 0.94% compared to the 2023 peak of 12.7988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,598 RSD
2023 Average 61,974 RSD
Yearly Trough Low 59,734 RSD
Transaction Impact: A difference of 4,863.91 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.8413
11.9657
JanuMarcMayJulySeptNove

SVC 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 12.3886, compared to 12.3545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0341 points.

H1 Avg (Jan–Jun) 12.3886
H2 Avg (Jul–Dec) 12.3545

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6123 RSD (High: 12.8416 / Low: 12.2294). On the other end, September was the most stable month, with a tight range of 0.1941 RSD (High: 12.1480 / Low: 11.9540).

November Spread (Volatile) ±0.6123
September Spread (Stable) ±0.1941

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 0.1858 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1858

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.7683) against the same month in 2023 (average: 12.2543), the exchange rate shifted by +0.5141 (+4.20%).

2024 Avg (December) 12.7683
2023 Avg (December) 12.2543

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.4181 12.0895 12.2823
February 12.5023 12.3034 12.4064
March 12.4502 12.2319 12.3288
April 12.6094 12.3289 12.4925
May 12.5437 12.2943 12.3872
June 12.5368 12.2802 12.4345
July 12.4593 12.2322 12.3292
August 12.4130 11.9468 12.1434
September 12.1480 11.9540 12.0387
October 12.4189 12.1006 12.2661
November 12.8416 12.2294 12.5812
December 12.9195 12.6176 12.7683