2014 BHD to RSD Historical Review

YEARLY HIGH

265.6604 RSD

YEARLY LOW

220.1765 RSD

YEARLY AVERAGE

234.5667 RSD

2014 BHD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 265.6604. Conversely, the yearly low was recorded on May 6, dropping to 220.1765.

This high-to-low spread represents a total annual volatility of 45.4839 RSD. From a start-to-finish perspective, comparing the January average rate of 224.7562 to the December average rate of 261.8471, the exchange rate registered a net change of 16.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 265.6604 was up 12.61% compared to the 2013 peak of 235.9029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,328,302 RSD

2013 Average 1,129,299 RSD

Yearly Trough Low 1,100,882 RSD

Transaction Impact: A difference of 227,419.55 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

265.8421

217.9024

JanuMarcMayJulySeptNove

BHD 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 223.7311, compared to 245.4022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.6711 points.

H1 Avg (Jan–Jun) 223.7311

H2 Avg (Jul–Dec) 245.4022

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 10.5198 RSD (High: 248.3985 / Low: 237.8787). On the other end, June was the most stable month, with a tight range of 1.7235 RSD (High: 226.1893 / Low: 224.4658).

September Spread (Volatile) ±10.5198

June Spread (Stable) ±1.7235

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 3.0588 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -3.0588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 261.8471) against the same month in 2013 (average: 222.1506), the exchange rate shifted by +39.6966 (+17.87%).

2014 Avg (December) 261.8471

2013 Avg (December) 222.1506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	227.5811	222.0993	224.7562
February	227.8488	223.0514	225.0696
March	223.9731	220.6146	222.0109
April	223.6015	220.6653	221.8974
May	225.5272	220.1765	223.3609
June	226.1893	224.4658	225.2918
July	231.4763	224.5798	227.7191
August	237.9574	230.8885	233.8173
September	248.3985	237.8787	244.1640
October	252.1474	247.5734	249.7093
November	257.2254	251.7059	255.1564
December	265.6604	256.8148	261.8471