2014 CNY to RSD Historical Review

YEARLY HIGH

16.1714 RSD

YEARLY LOW

13.3544 RSD

YEARLY AVERAGE

14.3612 RSD

2014 CNY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CNY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 16.1714. Conversely, the yearly low was recorded on May 4, dropping to 13.3544.

This high-to-low spread represents a total annual volatility of 2.8169 RSD. From a start-to-finish perspective, comparing the January average rate of 13.9592 to the December average rate of 15.9727, the exchange rate registered a net change of 14.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 16.1714 was up 11.64% compared to the 2013 peak of 14.4855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 404,284 RSD

2013 Average 345,650 RSD

Yearly Trough Low 333,860 RSD

Transaction Impact: A difference of 70,423.49 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

16.2236

13.2129

JanuMarcMayJulySeptNove

CNY 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 13.6889, compared to 15.0335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3446 points.

H1 Avg (Jan–Jun) 13.6889

H2 Avg (Jul–Dec) 15.0335

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.6863 RSD (High: 15.2893 / Low: 14.6029). On the other end, June was the most stable month, with a tight range of 0.1688 RSD (High: 13.7398 / Low: 13.5710).

September Spread (Volatile) ±0.6863

June Spread (Stable) ±0.1688

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 0.3742 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.3742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 15.9727) against the same month in 2013 (average: 13.7607), the exchange rate shifted by +2.2120 (+16.07%).

2014 Avg (December) 15.9727

2013 Avg (December) 13.7607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1349	13.7308	13.9592
February	14.1517	13.6928	13.9461
March	13.7715	13.4115	13.5719
April	13.5848	13.3691	13.4638
May	13.6567	13.3544	13.5294
June	13.7398	13.5710	13.6633
July	14.1397	13.6705	13.8620
August	14.6077	14.0941	14.3218
September	15.2893	14.6029	14.9911
October	15.5033	15.2297	15.3608
November	15.8288	15.4896	15.6928
December	16.1714	15.7480	15.9727