2024 TJS to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TJS to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TJS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 10.5511. Conversely, the yearly low was recorded on January 1, dropping to 9.6650.
This high-to-low spread represents a total annual volatility of 0.8861 RSD. From a start-to-finish perspective, comparing the January average rate of 9.8365 to the December average rate of 10.2349, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 10.5511 was down 5.02% compared to the 2023 peak of 11.1085, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TJS to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.9619, compared to 10.1129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1510 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.5035 RSD (High: 10.5511 / Low: 10.0476). On the other end, February was the most stable month, with a tight range of 0.1327 RSD (High: 9.9864 / Low: 9.8537).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.1304 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 10.3205) against the same month in 2023 (average: 9.9127), the exchange rate shifted by +0.4077 (+4.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.9457 | 9.6650 | 9.8365 |
| February | 9.9864 | 9.8537 | 9.9201 |
| March | 9.9443 | 9.7747 | 9.8518 |
| April | 10.1036 | 9.8514 | 9.9918 |
| May | 10.1002 | 9.8834 | 9.9906 |
| June | 10.3198 | 10.0041 | 10.1808 |
| July | 10.2317 | 10.0494 | 10.1392 |
| August | 10.2463 | 9.8233 | 10.0088 |
| September | 9.9746 | 9.8397 | 9.8955 |
| October | 10.2066 | 9.9425 | 10.0788 |
| November | 10.5511 | 10.0476 | 10.3205 |
| December | 10.3780 | 10.1052 | 10.2349 |