2024 SYP to RSD Historical Review

YEARLY HIGH

0.0450 RSD

YEARLY LOW

0.0086 RSD

YEARLY AVERAGE

0.0420 RSD

2024 SYP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0450. Conversely, the yearly low was recorded on December 22, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0364 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0428 to the December average rate of 0.0317, the exchange rate registered a net change of -25.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0450 was up 0.88% compared to the 2023 peak of 0.0446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225 RSD

2023 Average 216 RSD

Yearly Trough Low 43 RSD

Transaction Impact: A difference of 181.78 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0450

0.0304

JanuMarcMayJulySeptNove

SYP 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 0.0431, compared to 0.0409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0431

H2 Avg (Jul–Dec) 0.0409

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0364 RSD (High: 0.0450 / Low: 0.0086). On the other end, March was the most stable month, with a tight range of 0.0006 RSD (High: 0.0432 / Low: 0.0426).

December Spread (Volatile) ±0.0364

March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0122 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0317) against the same month in 2023 (average: 0.0427), the exchange rate shifted by -0.0111 (-25.91%).

2024 Avg (December) 0.0317

2023 Avg (December) 0.0427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0432	0.0422	0.0428
February	0.0435	0.0429	0.0432
March	0.0432	0.0426	0.0429
April	0.0439	0.0429	0.0435
May	0.0437	0.0428	0.0431
June	0.0436	0.0427	0.0433
July	0.0434	0.0426	0.0429
August	0.0432	0.0416	0.0423
September	0.0423	0.0416	0.0419
October	0.0432	0.0421	0.0427
November	0.0447	0.0426	0.0438
December	0.0450	0.0086	0.0317