2014 BDT to RSD Historical Review

YEARLY HIGH

1.2851 RSD

YEARLY LOW

1.0694 RSD

YEARLY AVERAGE

1.1402 RSD

2014 BDT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BDT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.2851. Conversely, the yearly low was recorded on May 6, dropping to 1.0694.

This high-to-low spread represents a total annual volatility of 0.2156 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0909 to the December average rate of 1.2726, the exchange rate registered a net change of 16.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2851 was up 12.46% compared to the 2013 peak of 1.1427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,425 RSD

2013 Average 5,452 RSD

Yearly Trough Low 5,347 RSD

Transaction Impact: A difference of 1,078.05 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2921

1.0577

JanuMarcMayJulySeptNove

BDT 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 1.0864, compared to 1.1940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1076 points.

H1 Avg (Jan–Jun) 1.0864

H2 Avg (Jul–Dec) 1.1940

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0517 RSD (High: 1.2103 / Low: 1.1586). On the other end, June was the most stable month, with a tight range of 0.0092 RSD (High: 1.0990 / Low: 1.0897).

September Spread (Volatile) ±0.0517

June Spread (Stable) ±0.0092

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 0.0156 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.2726) against the same month in 2013 (average: 1.0783), the exchange rate shifted by +0.1943 (+18.02%).

2014 Avg (December) 1.2726

2013 Avg (December) 1.0783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1036	1.0729	1.0909
February	1.1052	1.0831	1.0931
March	1.0869	1.0705	1.0774
April	1.0850	1.0705	1.0773
May	1.0972	1.0694	1.0853
June	1.0990	1.0897	1.0948
July	1.1251	1.0897	1.1061
August	1.1596	1.1234	1.1372
September	1.2103	1.1586	1.1884
October	1.2237	1.2075	1.2163
November	1.2529	1.2262	1.2436
December	1.2851	1.2514	1.2726