2014 TRY to RSD Historical Review

YEARLY HIGH

43.8066 RSD

YEARLY LOW

36.2217 RSD

YEARLY AVERAGE

40.4108 RSD

2014 TRY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 43.8066. Conversely, the yearly low was recorded on January 26, dropping to 36.2217.

This high-to-low spread represents a total annual volatility of 7.5848 RSD. From a start-to-finish perspective, comparing the January average rate of 38.1966 to the December average rate of 43.0201, the exchange rate registered a net change of 12.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 43.8066 was down 9.25% compared to the 2013 peak of 48.2703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,190,328 RSD

2013 Average 2,240,620 RSD

Yearly Trough Low 1,811,087 RSD

Transaction Impact: A difference of 379,240.36 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

43.5991

37.2904

JanuMarcMayJulySeptNove

TRY 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 39.0276, compared to 41.7939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7663 points.

H1 Avg (Jan–Jun) 39.0276

H2 Avg (Jul–Dec) 41.7939

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 2.7205 RSD (High: 38.9423 / Low: 36.2217). On the other end, April was the most stable month, with a tight range of 0.9533 RSD (High: 39.8779 / Low: 38.9246).

January Spread (Volatile) ±2.7205

April Spread (Stable) ±0.9533

Growth Streaks & Declines

Trends

Between June and November, 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 February and March, when the average rate fell by 0.5955 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 43.0201) against the same month in 2013 (average: 40.5211), the exchange rate shifted by +2.4990 (+6.17%).

2014 Avg (December) 43.0201

2013 Avg (December) 40.5211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.9423	36.2217	38.1966
February	38.8540	37.6279	38.4116
March	38.9945	37.3831	37.8161
April	39.8779	38.9246	39.3626
May	40.7736	39.5556	40.2709
June	40.9700	39.6106	40.1079
July	41.4562	39.7949	40.5188
August	41.5307	40.4275	40.8368
September	42.5412	40.7044	41.5874
October	42.9049	41.1087	41.7269
November	43.7345	42.5138	43.0734
December	43.8066	41.6073	43.0201

૨૦૨૫ TRY થી RSD ઐતિહાસિક સમીક્ષા