2014 IDR to RSD Historical Review

YEARLY HIGH

0.0081 RSD

YEARLY LOW

0.0068 RSD

YEARLY AVERAGE

0.0075 RSD

2014 IDR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the IDR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0081. Conversely, the yearly low was recorded on January 1, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0012 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0079, the exchange rate registered a net change of 13.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0081 was down 10.66% compared to the 2013 peak of 0.0090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 80,649 RSD

2013 Average 82,135 RSD

Yearly Trough Low 68,421 RSD

Transaction Impact: A difference of 12,227.91 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0080

0.0069

JanuMarcMayJulySeptNove

IDR 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 0.0072, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0072

H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0004 RSD (High: 0.0081 / Low: 0.0077). On the other end, November was the most stable month, with a tight range of 0.0001 RSD (High: 0.0080 / Low: 0.0078).

December Spread (Volatile) ±0.0004

November Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0079) against the same month in 2013 (average: 0.0069), the exchange rate shifted by +0.0010 (+14.27%).

2014 Avg (December) 0.0079

2013 Avg (December) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0071	0.0068	0.0070
February	0.0073	0.0070	0.0071
March	0.0074	0.0072	0.0073
April	0.0074	0.0072	0.0073
May	0.0074	0.0072	0.0073
June	0.0073	0.0070	0.0071
July	0.0075	0.0071	0.0074
August	0.0077	0.0074	0.0075
September	0.0078	0.0076	0.0077
October	0.0078	0.0076	0.0077
November	0.0080	0.0078	0.0079
December	0.0081	0.0077	0.0079