2014 ISK to RSD Historical Review

YEARLY HIGH

0.7942 RSD

YEARLY LOW

0.7227 RSD

YEARLY AVERAGE

0.7574 RSD

2014 ISK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.7942. Conversely, the yearly low was recorded on January 11, dropping to 0.7227.

This high-to-low spread represents a total annual volatility of 0.0715 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7320 to the December average rate of 0.7880, the exchange rate registered a net change of 7.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7942 was up 8.82% compared to the 2013 peak of 0.7298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,971 RSD

2013 Average 3,490 RSD

Yearly Trough Low 3,613 RSD

Transaction Impact: A difference of 357.49 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7936

0.7264

JanuMarcMayJulySeptNove

ISK 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 0.7428, compared to 0.7720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0291 points.

H1 Avg (Jan–Jun) 0.7428

H2 Avg (Jul–Dec) 0.7720

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0189 RSD (High: 0.7415 / Low: 0.7227). On the other end, April was the most stable month, with a tight range of 0.0041 RSD (High: 0.7472 / Low: 0.7431).

January Spread (Volatile) ±0.0189

April Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between June and October, 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 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.7880) against the same month in 2013 (average: 0.7140), the exchange rate shifted by +0.0740 (+10.37%).

2014 Avg (December) 0.7880

2013 Avg (December) 0.7140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7415	0.7227	0.7320
February	0.7472	0.7360	0.7427
March	0.7492	0.7349	0.7418
April	0.7472	0.7431	0.7452
May	0.7523	0.7424	0.7479
June	0.7514	0.7456	0.7475
July	0.7580	0.7457	0.7519
August	0.7683	0.7560	0.7605
September	0.7806	0.7664	0.7740
October	0.7828	0.7754	0.7793
November	0.7837	0.7680	0.7782
December	0.7942	0.7803	0.7880