2014 EGP to RSD Historical Review

YEARLY HIGH

14.0074 RSD

YEARLY LOW

11.8343 RSD

YEARLY AVERAGE

12.4797 RSD

2014 EGP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the EGP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 14.0074. Conversely, the yearly low was recorded on May 6, dropping to 11.8343.

This high-to-low spread represents a total annual volatility of 2.1730 RSD. From a start-to-finish perspective, comparing the January average rate of 12.1712 to the December average rate of 13.8059, the exchange rate registered a net change of 13.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 14.0074 was up 4.34% compared to the 2013 peak of 13.4251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,037 RSD

2013 Average 61,948 RSD

Yearly Trough Low 59,172 RSD

Transaction Impact: A difference of 10,865.03 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

13.9985

11.6868

JanuMarcMayJulySeptNove

EGP 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 12.0205, compared to 12.9389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9184 points.

H1 Avg (Jan–Jun) 12.0205

H2 Avg (Jul–Dec) 12.9389

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.5437 RSD (High: 13.0942 / Low: 12.5505). On the other end, June was the most stable month, with a tight range of 0.0904 RSD (High: 11.9268 / Low: 11.8364).

September Spread (Volatile) ±0.5437

June Spread (Stable) ±0.0904

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1658 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 13.8059) against the same month in 2013 (average: 12.1349), the exchange rate shifted by +1.6710 (+13.77%).

2014 Avg (December) 13.8059

2013 Avg (December) 12.1349

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3223	11.9848	12.1712
February	12.3398	12.0796	12.1881
March	12.1306	11.9410	12.0223
April	12.0900	11.9095	11.9784
May	11.9521	11.8343	11.8835
June	11.9268	11.8364	11.8795
July	12.2065	11.8405	12.0101
August	12.5459	12.1743	12.3288
September	13.0942	12.5505	12.8722
October	13.2696	13.0520	13.1628
November	13.5592	13.2706	13.4536
December	14.0074	13.5384	13.8059