2015 BZD to RSD Historical Review

YEARLY HIGH

57.5089 RSD

YEARLY LOW

50.0046 RSD

YEARLY AVERAGE

54.3908 RSD

2015 BZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 57.5089. Conversely, the yearly low was recorded on January 2, dropping to 50.0046.

This high-to-low spread represents a total annual volatility of 7.5042 RSD. From a start-to-finish perspective, comparing the January average rate of 52.6990 to the December average rate of 56.0724, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 57.5089 was up 14.76% compared to the 2014 peak of 50.1117, 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 287,544 RSD

2014 Average 221,313 RSD

Yearly Trough Low 250,023 RSD

Transaction Impact: A difference of 37,521.19 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

56.7360

52.3320

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 54.1755, compared to 54.6061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4306 points.

H1 Avg (Jan–Jun) 54.1755

H2 Avg (Jul–Dec) 54.6061

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 5.0115 RSD (High: 55.0161 / Low: 50.0046). On the other end, September was the most stable month, with a tight range of 1.3495 RSD (High: 54.1340 / Low: 52.7844).

January Spread (Volatile) ±5.0115

September Spread (Stable) ±1.3495

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.5502 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 56.0724) against the same month in 2014 (average: 49.4007), the exchange rate shifted by +6.6717 (+13.51%).

2015 Avg (December) 56.0724

2014 Avg (December) 49.4007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.0161	50.0046	52.6990
February	54.4801	52.9179	53.4895
March	56.9529	53.7438	55.6364
April	56.3657	53.7736	55.6166
May	55.4591	52.6573	54.0664
June	55.1837	52.7871	53.5449
July	55.0859	53.5792	54.2676
August	54.6961	52.1875	53.7724
September	54.1340	52.7844	53.5309
October	55.1947	52.5243	53.6242
November	57.4259	54.7901	56.3690
December	57.5089	55.4176	56.0724