2014 BZD to RSD Historical Review

YEARLY HIGH

50.1117 RSD

YEARLY LOW

41.2289 RSD

YEARLY AVERAGE

44.2527 RSD

2014 BZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 50.1117. Conversely, the yearly low was recorded on May 6, dropping to 41.2289.

This high-to-low spread represents a total annual volatility of 8.8828 RSD. From a start-to-finish perspective, comparing the January average rate of 42.4913 to the December average rate of 49.4007, the exchange rate registered a net change of 16.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 50.1117 was up 12.50% compared to the 2013 peak of 44.5444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 250,559 RSD

2013 Average 213,220 RSD

Yearly Trough Low 206,145 RSD

Transaction Impact: A difference of 44,414.02 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

50.1861

40.7617

JanuMarcMayJulySeptNove

BZD 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 42.1956, compared to 46.3099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1143 points.

H1 Avg (Jan–Jun) 42.1956

H2 Avg (Jul–Dec) 46.3099

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.9730 RSD (High: 46.9091 / Low: 44.9361). On the other end, June was the most stable month, with a tight range of 0.3223 RSD (High: 42.7017 / Low: 42.3794).

September Spread (Volatile) ±1.9730

June Spread (Stable) ±0.3223

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 0.5641 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.5641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 49.4007) against the same month in 2013 (average: 41.9989), the exchange rate shifted by +7.4018 (+17.62%).

2014 Avg (December) 49.4007

2013 Avg (December) 41.9989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.9877	41.8457	42.4913
February	43.0365	42.2509	42.6254
March	42.4871	41.3360	42.0613
April	41.8470	41.3098	41.5471
May	42.5389	41.2289	41.9237
June	42.7017	42.3794	42.5247
July	43.6719	42.3847	42.9586
August	44.8701	43.5718	44.1295
September	46.9091	44.9361	46.0807
October	47.5206	46.7438	47.1373
November	48.5275	47.4964	48.1523
December	50.1117	48.4524	49.4007