2015 DJF to RSD Historical Review

YEARLY HIGH

0.6450 RSD

YEARLY LOW

0.5611 RSD

YEARLY AVERAGE

0.6124 RSD

2015 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.6450. Conversely, the yearly low was recorded on January 4, dropping to 0.5611.

This high-to-low spread represents a total annual volatility of 0.0840 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5922 to the December average rate of 0.6292, the exchange rate registered a net change of 6.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6450 was up 15.08% compared to the 2014 peak of 0.5605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,225 RSD

2014 Average 2,478 RSD

Yearly Trough Low 2,805 RSD

Transaction Impact: A difference of 419.79 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6372

0.5881

JanuMarcMayJulySeptNove

DJF 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 0.6097, compared to 0.6151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.6097

H2 Avg (Jul–Dec) 0.6151

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0578 RSD (High: 0.6189 / Low: 0.5611). On the other end, September was the most stable month, with a tight range of 0.0132 RSD (High: 0.6077 / Low: 0.5945).

January Spread (Volatile) ±0.0578

September Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0167 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.6292) against the same month in 2014 (average: 0.5535), the exchange rate shifted by +0.0757 (+13.68%).

2015 Avg (December) 0.6292

2014 Avg (December) 0.5535

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6189	0.5611	0.5922
February	0.6141	0.5939	0.6001
March	0.6400	0.6051	0.6252
April	0.6347	0.6052	0.6258
May	0.6261	0.5939	0.6091
June	0.6224	0.5985	0.6058
July	0.6248	0.6070	0.6152
August	0.6200	0.5866	0.6077
September	0.6077	0.5945	0.6025
October	0.6204	0.5899	0.6027
November	0.6449	0.6154	0.6331
December	0.6450	0.6231	0.6292