2014 BRL to RSD Historical Review

YEARLY HIGH

40.9729 RSD

YEARLY LOW

34.8335 RSD

YEARLY AVERAGE

37.5967 RSD

2014 BRL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BRL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 40.9729. Conversely, the yearly low was recorded on January 29, dropping to 34.8335.

This high-to-low spread represents a total annual volatility of 6.1394 RSD. From a start-to-finish perspective, comparing the January average rate of 35.6268 to the December average rate of 37.3236, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 40.9729 was down 7.72% compared to the 2013 peak of 44.4023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,024,322 RSD

2013 Average 990,049 RSD

Yearly Trough Low 870,837 RSD

Transaction Impact: A difference of 153,484.57 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

39.8310

35.2357

JanuMarcMayJulySeptNove

BRL 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 36.7780, compared to 38.4154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6374 points.

H1 Avg (Jan–Jun) 36.7780

H2 Avg (Jul–Dec) 38.4154

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 3.0170 RSD (High: 40.9729 / Low: 37.9558). On the other end, July was the most stable month, with a tight range of 0.9098 RSD (High: 39.0510 / Low: 38.1411).

September Spread (Volatile) ±3.0170

July Spread (Stable) ±0.9098

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0056 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 39.4481) against the same month in 2013 (average: 37.8025), the exchange rate shifted by +1.6455 (+4.35%).

2014 Avg (September) 39.4481

2013 Avg (September) 37.8025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.4080	34.8335	35.6268
February	36.3819	35.1591	35.6187
March	36.9727	35.3857	35.9876
April	38.0284	36.9626	37.4763
May	38.2591	37.2231	37.9150
June	38.6172	37.2939	38.0437
July	39.0510	38.1411	38.6073
August	40.1190	38.2154	38.9047
September	40.9729	37.9558	39.4481
October	39.3672	37.5318	38.4425
November	38.5332	36.8429	37.7661
December	38.2304	35.9618	37.3236