2014 DZD to RSD Historical Review

YEARLY HIGH

1.1509 RSD

YEARLY LOW

1.0568 RSD

YEARLY AVERAGE

1.0961 RSD

2014 DZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 1.1509. Conversely, the yearly low was recorded on May 6, dropping to 1.0568.

This high-to-low spread represents a total annual volatility of 0.0941 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0811 to the December average rate of 1.1351, the exchange rate registered a net change of 4.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1509 was up 2.79% compared to the 2013 peak of 1.1197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,755 RSD

2013 Average 5,346 RSD

Yearly Trough Low 5,284 RSD

Transaction Impact: A difference of 470.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1423

1.0556

JanuMarcMayJulySeptNove

DZD 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 1.0739, compared to 1.1183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 1.0739

H2 Avg (Jul–Dec) 1.1183

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0329 RSD (High: 1.0951 / Low: 1.0622). On the other end, June was the most stable month, with a tight range of 0.0088 RSD (High: 1.0742 / Low: 1.0654).

January Spread (Volatile) ±0.0329

June Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0130 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.1351) against the same month in 2013 (average: 1.0630), the exchange rate shifted by +0.0721 (+6.79%).

2014 Avg (December) 1.1351

2013 Avg (December) 1.0630

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0951	1.0622	1.0811
February	1.0974	1.0813	1.0871
March	1.0865	1.0579	1.0759
April	1.0714	1.0569	1.0628
May	1.0713	1.0568	1.0663
June	1.0742	1.0654	1.0704
July	1.0928	1.0675	1.0793
August	1.1161	1.0896	1.1011
September	1.1418	1.1159	1.1330
October	1.1345	1.1194	1.1276
November	1.1479	1.1219	1.1337
December	1.1509	1.1251	1.1351