2014 CLP to RSD Historical Review

YEARLY HIGH

0.1653 RSD

YEARLY LOW

0.1458 RSD

YEARLY AVERAGE

0.1549 RSD

2014 CLP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1653. Conversely, the yearly low was recorded on March 16, dropping to 0.1458.

This high-to-low spread represents a total annual volatility of 0.0196 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1576 to the December average rate of 0.1612, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1653 was down 10.80% compared to the 2013 peak of 0.1853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 165,320 RSD

2013 Average 172,138 RSD

Yearly Trough Low 145,760 RSD

Transaction Impact: A difference of 19,559.24 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1635

0.1473

JanuMarcMayJulySeptNove

CLP 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 0.1525, compared to 0.1573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.1525

H2 Avg (Jul–Dec) 0.1573

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0077 RSD (High: 0.1546 / Low: 0.1469). On the other end, June was the most stable month, with a tight range of 0.0021 RSD (High: 0.1544 / Low: 0.1523).

May Spread (Volatile) ±0.0077

June Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0045 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1612) against the same month in 2013 (average: 0.1584), the exchange rate shifted by +0.0028 (+1.76%).

2014 Avg (December) 0.1612

2013 Avg (December) 0.1584

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1603	0.1536	0.1576
February	0.1548	0.1503	0.1532
March	0.1524	0.1458	0.1486
April	0.1530	0.1480	0.1507
May	0.1546	0.1469	0.1516
June	0.1544	0.1523	0.1535
July	0.1556	0.1515	0.1537
August	0.1530	0.1507	0.1521
September	0.1569	0.1520	0.1550
October	0.1645	0.1572	0.1599
November	0.1647	0.1592	0.1621
December	0.1653	0.1579	0.1612