2014 ANG to RSD Historical Review

YEARLY HIGH

56.0120 RSD

YEARLY LOW

46.4878 RSD

YEARLY AVERAGE

49.4767 RSD

2014 ANG to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ANG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 56.0120. Conversely, the yearly low was recorded on March 18, dropping to 46.4878.

This high-to-low spread represents a total annual volatility of 9.5243 RSD. From a start-to-finish perspective, comparing the January average rate of 47.3637 to the December average rate of 55.2345, the exchange rate registered a net change of 16.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 56.0120 was up 12.64% compared to the 2013 peak of 49.7288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 280,060 RSD

2013 Average 238,263 RSD

Yearly Trough Low 232,439 RSD

Transaction Impact: A difference of 47,621.31 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

56.0800

45.9339

JanuMarcMayJulySeptNove

ANG 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 47.1727, compared to 51.7807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6079 points.

H1 Avg (Jan–Jun) 47.1727

H2 Avg (Jul–Dec) 51.7807

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 2.2269 RSD (High: 52.4552 / Low: 50.2283). On the other end, June was the most stable month, with a tight range of 0.3575 RSD (High: 47.7191 / Low: 47.3616).

September Spread (Volatile) ±2.2269

June Spread (Stable) ±0.3575

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6563 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.6563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 55.2345) against the same month in 2013 (average: 46.8103), the exchange rate shifted by +8.4242 (+18.00%).

2014 Avg (December) 55.2345

2013 Avg (December) 46.8103

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.9580	46.5521	47.3637
February	48.0161	47.1204	47.4424
March	47.1984	46.4878	46.7861
April	47.1116	46.5043	46.7794
May	47.5787	46.4939	47.1230
June	47.7191	47.3616	47.5419
July	48.8380	47.3805	48.0462
August	50.2362	48.7128	49.3426
September	52.4552	50.2283	51.5197
October	53.1902	52.2368	52.7078
November	54.2813	53.1071	53.8333
December	56.0120	54.1804	55.2345