2015 ILS to RSD Historical Review

YEARLY HIGH

29.5570 RSD

YEARLY LOW

25.5288 RSD

YEARLY AVERAGE

27.9972 RSD

2015 ILS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ILS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 29.5570. Conversely, the yearly low was recorded on January 3, dropping to 25.5288.

This high-to-low spread represents a total annual volatility of 4.0282 RSD. From a start-to-finish perspective, comparing the January average rate of 26.6943 to the December average rate of 28.8650, the exchange rate registered a net change of 8.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 29.5570 was up 14.79% compared to the 2014 peak of 25.7497, 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 147,785 RSD

2014 Average 123,560 RSD

Yearly Trough Low 127,644 RSD

Transaction Impact: A difference of 20,141.24 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

29.1273

26.4731

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 27.7028, compared to 28.2916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5888 points.

H1 Avg (Jan–Jun) 27.7028

H2 Avg (Jul–Dec) 28.2916

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 2.2354 RSD (High: 27.7642 / Low: 25.5288). On the other end, September was the most stable month, with a tight range of 0.4606 RSD (High: 27.5658 / Low: 27.1053).

January Spread (Volatile) ±2.2354

September Spread (Stable) ±0.4606

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8094 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 28.9061) against the same month in 2014 (average: 25.1032), the exchange rate shifted by +3.8029 (+15.15%).

2015 Avg (November) 28.9061

2014 Avg (November) 25.1032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.7642	25.5288	26.6943
February	27.8466	26.9044	27.4402
March	28.2658	26.9488	27.7839
April	28.4478	27.8201	28.2317
May	28.6204	27.5782	27.9612
June	28.6208	27.7542	28.1055
July	29.0796	28.5813	28.8120
August	29.0197	27.0441	28.1483
September	27.5658	27.1053	27.3388
October	28.3234	27.1891	27.6793
November	29.5570	28.2286	28.9061
December	29.5340	28.4788	28.8650