2014 BOB to RSD Historical Review

YEARLY HIGH

14.4883 RSD

YEARLY LOW

12.0142 RSD

YEARLY AVERAGE

12.7962 RSD

2014 BOB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BOB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 14.4883. Conversely, the yearly low was recorded on May 6, dropping to 12.0142.

This high-to-low spread represents a total annual volatility of 2.4741 RSD. From a start-to-finish perspective, comparing the January average rate of 12.2574 to the December average rate of 14.2852, the exchange rate registered a net change of 16.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 14.4883 was up 12.80% compared to the 2013 peak of 12.8445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,441 RSD

2013 Average 61,298 RSD

Yearly Trough Low 60,071 RSD

Transaction Impact: A difference of 12,370.47 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.5033

11.8859

JanuMarcMayJulySeptNove

BOB 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 12.2053, compared to 13.3872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1819 points.

H1 Avg (Jan–Jun) 12.2053

H2 Avg (Jul–Dec) 13.3872

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.5697 RSD (High: 13.5435 / Low: 12.9738). On the other end, June was the most stable month, with a tight range of 0.0838 RSD (High: 12.3403 / Low: 12.2565).

September Spread (Volatile) ±0.5697

June Spread (Stable) ±0.0838

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 0.1737 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 14.2852) against the same month in 2013 (average: 12.1148), the exchange rate shifted by +2.1705 (+17.92%).

2014 Avg (December) 14.2852

2013 Avg (December) 12.1148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4050	12.0468	12.2574
February	12.4192	12.1676	12.2815
March	12.2186	12.0191	12.1078
April	12.1970	12.0403	12.1040
May	12.3000	12.0142	12.1858
June	12.3403	12.2565	12.2952
July	12.6276	12.2555	12.4230
August	12.9741	12.5986	12.7577
September	13.5435	12.9738	13.3130
October	13.7094	13.5153	13.6213
November	14.0434	13.7335	13.9229
December	14.4883	14.0068	14.2852