2015 ALL to RSD Historical Review

YEARLY HIGH

0.8895 RSD

YEARLY LOW

0.8469 RSD

YEARLY AVERAGE

0.8639 RSD

2015 ALL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ALL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.8895. Conversely, the yearly low was recorded on March 18, dropping to 0.8469.

This high-to-low spread represents a total annual volatility of 0.0427 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8751 to the December average rate of 0.8849, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8895 was up 1.51% compared to the 2014 peak of 0.8763, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,448 RSD

2014 Average 4,188 RSD

Yearly Trough Low 4,234 RSD

Transaction Impact: A difference of 213.28 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8879

0.8514

JanuMarcMayJulySeptNove

ALL 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 0.8609, compared to 0.8670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.8609

H2 Avg (Jul–Dec) 0.8670

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0276 RSD (High: 0.8816 / Low: 0.8540). On the other end, July was the most stable month, with a tight range of 0.0085 RSD (High: 0.8639 / Low: 0.8554).

February Spread (Volatile) ±0.0276

July Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.0096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.8849) against the same month in 2014 (average: 0.8675), the exchange rate shifted by +0.0174 (+2.00%).

2015 Avg (December) 0.8849

2014 Avg (December) 0.8675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8845	0.8645	0.8751
February	0.8816	0.8540	0.8654
March	0.8652	0.8469	0.8575
April	0.8606	0.8482	0.8544
May	0.8658	0.8491	0.8567
June	0.8638	0.8490	0.8559
July	0.8639	0.8554	0.8596
August	0.8690	0.8549	0.8608
September	0.8690	0.8555	0.8610
October	0.8734	0.8546	0.8610
November	0.8855	0.8633	0.8750
December	0.8895	0.8759	0.8849