2015 BWP to RSD Historical Review

YEARLY HIGH

11.4756 RSD

YEARLY LOW

9.8507 RSD

YEARLY AVERAGE

10.7526 RSD

2015 BWP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BWP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 11.4756. Conversely, the yearly low was recorded on December 11, dropping to 9.8507.

This high-to-low spread represents a total annual volatility of 1.6248 RSD. From a start-to-finish perspective, comparing the January average rate of 10.9897 to the December average rate of 10.1340, the exchange rate registered a net change of -7.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 11.4756 was up 8.68% compared to the 2014 peak of 10.5594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,378 RSD

2014 Average 49,232 RSD

Yearly Trough Low 49,254 RSD

Transaction Impact: A difference of 8,124.22 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

11.3431

10.0241

JanuMarcMayJulySeptNove

BWP 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 11.0659, compared to 10.4393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6266 points.

H1 Avg (Jan–Jun) 11.0659

H2 Avg (Jul–Dec) 10.4393

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.9790 RSD (High: 11.4756 / Low: 10.4966). On the other end, March was the most stable month, with a tight range of 0.2181 RSD (High: 11.3189 / Low: 11.1008).

January Spread (Volatile) ±0.9790

March Spread (Stable) ±0.2181

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3695 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 10.9897) against the same month in 2014 (average: 9.4899), the exchange rate shifted by +1.4998 (+15.80%).

2015 Avg (January) 10.9897

2014 Avg (January) 9.4899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.4756	10.4966	10.9897
February	11.3237	10.9793	11.1221
March	11.3189	11.1008	11.2103
April	11.4004	11.0148	11.2332
May	11.2623	10.8590	11.0270
June	11.0519	10.6439	10.8133
July	11.0777	10.7787	10.8943
August	10.9018	10.1794	10.6039
September	10.3570	10.0601	10.2345
October	10.4917	10.1287	10.2918
November	10.6048	10.3557	10.4773
December	10.5752	9.8507	10.1340