2014 GMD to RSD Historical Review

YEARLY HIGH

2.3979 RSD

YEARLY LOW

2.0984 RSD

YEARLY AVERAGE

2.2154 RSD

2014 GMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 2.3979. Conversely, the yearly low was recorded on May 6, dropping to 2.0984.

This high-to-low spread represents a total annual volatility of 0.2996 RSD. From a start-to-finish perspective, comparing the January average rate of 2.2246 to the December average rate of 2.2896, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3979 was down 11.98% compared to the 2013 peak of 2.7243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,990 RSD

2013 Average 12,607 RSD

Yearly Trough Low 10,492 RSD

Transaction Impact: A difference of 1,497.95 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.3408

2.1030

JanuMarcMayJulySeptNove

GMD 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 2.1764, compared to 2.2543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0779 points.

H1 Avg (Jan–Jun) 2.1764

H2 Avg (Jul–Dec) 2.2543

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.2219 RSD (High: 2.3979 / Low: 2.1760). On the other end, June was the most stable month, with a tight range of 0.0281 RSD (High: 2.1534 / Low: 2.1254).

October Spread (Volatile) ±0.2219

June Spread (Stable) ±0.0281

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0686 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 2.2991) against the same month in 2013 (average: 2.5599), the exchange rate shifted by -0.2608 (-10.19%).

2014 Avg (October) 2.2991

2013 Avg (October) 2.5599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2507	2.1938	2.2246
February	2.2534	2.2016	2.2241
March	2.2176	2.1729	2.1948
April	2.2119	2.0997	2.1523
May	2.1463	2.0984	2.1228
June	2.1534	2.1254	2.1400
July	2.2028	2.1367	2.1665
August	2.2600	2.1974	2.2191
September	2.3696	2.2490	2.3209
October	2.3979	2.1760	2.2991
November	2.2507	2.1995	2.2305
December	2.3337	2.2455	2.2896