2014 BAM to RSD Historical Review

YEARLY HIGH

62.7402 RSD

YEARLY LOW

58.4614 RSD

YEARLY AVERAGE

59.9115 RSD

2014 BAM to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BAM to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 62.7402. Conversely, the yearly low was recorded on March 30, dropping to 58.4614.

This high-to-low spread represents a total annual volatility of 4.2788 RSD. From a start-to-finish perspective, comparing the January average rate of 58.9842 to the December average rate of 62.1060, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 62.7402 was up 6.62% compared to the 2013 peak of 58.8430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 313,701 RSD

2013 Average 288,894 RSD

Yearly Trough Low 292,307 RSD

Transaction Impact: A difference of 21,393.95 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

62.4182

58.6720

JanuMarcMayJulySeptNove

BAM 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 59.0842, compared to 60.7387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6546 points.

H1 Avg (Jan–Jun) 59.0842

H2 Avg (Jul–Dec) 60.7387

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.0886 RSD (High: 62.7402 / Low: 61.6517). On the other end, April was the most stable month, with a tight range of 0.2029 RSD (High: 59.1629 / Low: 58.9599).

December Spread (Volatile) ±1.0886

April Spread (Stable) ±0.2029

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0902 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 62.1060) against the same month in 2013 (average: 58.6309), the exchange rate shifted by +3.4751 (+5.93%).

2014 Avg (December) 62.1060

2013 Avg (December) 58.6309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	59.3039	58.5789	58.9842
February	59.3123	59.0859	59.2111
March	59.3184	58.4614	59.1296
April	59.1629	58.9599	59.0394
May	59.2354	59.0022	59.1012
June	59.1388	58.9205	59.0397
July	59.7231	59.1694	59.4253
August	60.2698	59.6788	59.9983
September	60.8393	59.9053	60.6361
October	61.0700	60.6337	60.9572
November	61.6376	60.7376	61.3094
December	62.7402	61.6517	62.1060