2015 CVE to RSD Historical Review

YEARLY HIGH

1.1250 RSD

YEARLY LOW

1.0811 RSD

YEARLY AVERAGE

1.0955 RSD

2015 CVE to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CVE to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1.1250. Conversely, the yearly low was recorded on June 28, dropping to 1.0811.

This high-to-low spread represents a total annual volatility of 0.0439 RSD. From a start-to-finish perspective, comparing the January average rate of 1.1131 to the December average rate of 1.1054, the exchange rate registered a net change of -0.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1250 was up 0.30% compared to the 2014 peak of 1.1217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,625 RSD

2014 Average 5,339 RSD

Yearly Trough Low 5,406 RSD

Transaction Impact: A difference of 219.68 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1156

1.0862

JanuMarcMayJulySeptNove

CVE 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 1.0980, compared to 1.0930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 1.0980

H2 Avg (Jul–Dec) 1.0930

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0275 RSD (High: 1.1162 / Low: 1.0887). On the other end, August was the most stable month, with a tight range of 0.0091 RSD (High: 1.0966 / Low: 1.0875).

February Spread (Volatile) ±0.0275

August Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0111 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.1131) against the same month in 2014 (average: 1.0495), the exchange rate shifted by +0.0636 (+6.06%).

2015 Avg (January) 1.1131

2014 Avg (January) 1.0495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1250	1.0985	1.1131
February	1.1162	1.0887	1.1020
March	1.1006	1.0872	1.0937
April	1.1008	1.0820	1.0907
May	1.1017	1.0907	1.0958
June	1.0974	1.0811	1.0924
July	1.0926	1.0830	1.0894
August	1.0966	1.0875	1.0907
September	1.0952	1.0856	1.0899
October	1.0933	1.0839	1.0886
November	1.0998	1.0885	1.0939
December	1.1119	1.0993	1.1054