YEARLY HIGH
1.3308 RSD
YEARLY LOW
1.2462 RSD
YEARLY AVERAGE
1.2939 RSD

2024 BTN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.3308. Conversely, the yearly low was recorded on August 24, dropping to 1.2462.

This high-to-low spread represents a total annual volatility of 0.0846 RSD. From a start-to-finish perspective, comparing the January average rate of 1.2930 to the December average rate of 1.3148, the exchange rate registered a net change of 1.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3308 was down 2.41% compared to the 2023 peak of 1.3637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,654 RSD
2023 Average 6,566 RSD
Yearly Trough Low 6,231 RSD
Transaction Impact: A difference of 423.16 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.3205
1.2513
JanuMarcMayJulySeptNove

BTN 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 1.3024, compared to 1.2853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 1.3024
H2 Avg (Jul–Dec) 1.2853

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0586 RSD (High: 1.3308 / Low: 1.2722). On the other end, September was the most stable month, with a tight range of 0.0161 RSD (High: 1.2663 / Low: 1.2502).

November Spread (Volatile) ±0.0586
September Spread (Stable) ±0.0161

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 0.0242 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.3054) against the same month in 2023 (average: 1.3026), the exchange rate shifted by +0.0029 (+0.22%).

2024 Avg (November) 1.3054
2023 Avg (November) 1.3026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3084 1.2716 1.2930
February 1.3187 1.2987 1.3083
March 1.3071 1.2891 1.2993
April 1.3229 1.2955 1.3107
May 1.3082 1.2905 1.2999
June 1.3137 1.2880 1.3034
July 1.3058 1.2810 1.2907
August 1.2969 1.2462 1.2665
September 1.2663 1.2502 1.2571
October 1.2911 1.2617 1.2774
November 1.3308 1.2722 1.3054
December 1.3299 1.3037 1.3148