2024 UAH to RSD Historical Review

YEARLY HIGH

2.9013 RSD

YEARLY LOW

2.5264 RSD

YEARLY AVERAGE

2.6973 RSD

2024 UAH to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.9013. Conversely, the yearly low was recorded on September 20, dropping to 2.5264.

This high-to-low spread represents a total annual volatility of 0.3748 RSD. From a start-to-finish perspective, comparing the January average rate of 2.8396 to the December average rate of 2.6735, the exchange rate registered a net change of -5.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9013 was down 5.40% compared to the 2023 peak of 3.0669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,506 RSD

2023 Average 14,731 RSD

Yearly Trough Low 12,632 RSD

Transaction Impact: A difference of 1,874.25 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8886

2.5225

JanuMarcMayJulySeptNove

UAH 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 2.7785, compared to 2.6161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1624 points.

H1 Avg (Jan–Jun) 2.7785

H2 Avg (Jul–Dec) 2.6161

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1352 RSD (High: 2.7153 / Low: 2.5800). On the other end, December was the most stable month, with a tight range of 0.0373 RSD (High: 2.6925 / Low: 2.6553).

November Spread (Volatile) ±0.1352

December Spread (Stable) ±0.0373

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 February and March, when the average rate fell by 0.0731 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0731

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.8581) against the same month in 2023 (average: 2.9790), the exchange rate shifted by -0.1210 (-4.06%).

2024 Avg (February) 2.8581

2023 Avg (February) 2.9790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8944	2.7821	2.8396
February	2.9013	2.8035	2.8581
March	2.8390	2.7375	2.7850
April	2.8058	2.7553	2.7743
May	2.7721	2.6658	2.7270
June	2.7071	2.6588	2.6869
July	2.6824	2.5801	2.6304
August	2.6384	2.5322	2.5780
September	2.5772	2.5264	2.5530
October	2.6341	2.5627	2.6022
November	2.7153	2.5800	2.6595
December	2.6925	2.6553	2.6735