YEARLY HIGH
25.7497 RSD
YEARLY LOW
23.7817 RSD
YEARLY AVERAGE
24.7080 RSD

2014 ILS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 25.7497. Conversely, the yearly low was recorded on March 30, dropping to 23.7817.

This high-to-low spread represents a total annual volatility of 1.9680 RSD. From a start-to-finish perspective, comparing the January average rate of 24.2546 to the December average rate of 25.1120, the exchange rate registered a net change of 3.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 25.7497 was up 5.77% compared to the 2013 peak of 24.3445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 128,749 RSD
2013 Average 117,994 RSD
Yearly Trough Low 118,909 RSD
Transaction Impact: A difference of 9,839.93 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

25.4455
23.9401
JanuMarcMayJulySeptNove

ILS 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 24.2391, compared to 25.1768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9377 points.

H1 Avg (Jan–Jun) 24.2391
H2 Avg (Jul–Dec) 25.1768

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.1352 RSD (High: 25.6912 / Low: 24.5560). On the other end, April was the most stable month, with a tight range of 0.2209 RSD (High: 24.2208 / Low: 23.9999).

December Spread (Volatile) ±1.1352
April Spread (Stable) ±0.2209

Growth Streaks & Declines

Trends

Between March and September, 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 October and November, when the average rate fell by 0.1486 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 25.2518) against the same month in 2013 (average: 23.6502), the exchange rate shifted by +1.6016 (+6.77%).

2014 Avg (October) 25.2518
2013 Avg (October) 23.6502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.4651 23.9931 24.2546
February 24.4518 23.9950 24.1357
March 24.2057 23.7817 24.0656
April 24.2208 23.9999 24.0737
May 24.4530 24.0584 24.3006
June 24.7957 24.3941 24.6046
July 25.4557 24.7060 25.0736
August 25.5194 24.9421 25.2000
September 25.5526 25.1185 25.3200
October 25.7497 24.9122 25.2518
November 25.3959 24.8642 25.1032
December 25.6912 24.5560 25.1120