YEARLY HIGH
5.5810 RSD
YEARLY LOW
4.9446 RSD
YEARLY AVERAGE
5.2591 RSD

2015 ETB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 5.5810. Conversely, the yearly low was recorded on January 2, dropping to 4.9446.

This high-to-low spread represents a total annual volatility of 0.6364 RSD. From a start-to-finish perspective, comparing the January average rate of 5.2027 to the December average rate of 5.2944, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 5.5810 was up 12.65% compared to the 2014 peak of 4.9541, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,905 RSD
2014 Average 22,470 RSD
Yearly Trough Low 24,723 RSD
Transaction Impact: A difference of 3,181.83 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

5.4864
5.0673
JanuMarcMayJulySeptNove

ETB 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 5.3005, compared to 5.2177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0828 points.

H1 Avg (Jan–Jun) 5.3005
H2 Avg (Jul–Dec) 5.2177

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.4830 RSD (High: 5.4276 / Low: 4.9446). On the other end, September was the most stable month, with a tight range of 0.1348 RSD (High: 5.1791 / Low: 5.0443).

January Spread (Volatile) ±0.4830
September Spread (Stable) ±0.1348

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.1743 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 5.4515) against the same month in 2014 (average: 4.3379), the exchange rate shifted by +1.1136 (+25.67%).

2015 Avg (March) 5.4515
2014 Avg (March) 4.3379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.4276 4.9446 5.2027
February 5.3708 5.2006 5.2610
March 5.5810 5.2767 5.4515
April 5.5029 5.2336 5.4304
May 5.3855 5.1188 5.2562
June 5.3591 5.1328 5.2016
July 5.3423 5.2010 5.2641
August 5.3065 5.0073 5.1869
September 5.1791 5.0443 5.1184
October 5.2386 4.9992 5.1022
November 5.4395 5.1899 5.3402
December 5.4311 5.2200 5.2944