2014 JPY to RSD Historical Review

YEARLY HIGH

0.8804 RSD

YEARLY LOW

0.7910 RSD

YEARLY AVERAGE

0.8352 RSD

2014 JPY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JPY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.8804. Conversely, the yearly low was recorded on January 1, dropping to 0.7910.

This high-to-low spread represents a total annual volatility of 0.0894 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8154 to the December average rate of 0.8259, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8804 was down 10.49% compared to the 2013 peak of 0.9836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 440,199 RSD

2013 Average 436,583 RSD

Yearly Trough Low 395,488 RSD

Transaction Impact: A difference of 44,711.36 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8770

0.8098

JanuMarcMayJulySeptNove

JPY 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 0.8233, compared to 0.8471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 0.8233

H2 Avg (Jul–Dec) 0.8471

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0493 RSD (High: 0.8403 / Low: 0.7910). On the other end, June was the most stable month, with a tight range of 0.0112 RSD (High: 0.8373 / Low: 0.8261).

January Spread (Volatile) ±0.0493

June Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between April and October, 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 0.0434 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.8714) against the same month in 2013 (average: 0.8552), the exchange rate shifted by +0.0162 (+1.90%).

2014 Avg (October) 0.8714

2013 Avg (October) 0.8552

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8403	0.7910	0.8154
February	0.8465	0.8223	0.8308
March	0.8313	0.8085	0.8180
April	0.8210	0.8085	0.8165
May	0.8354	0.8151	0.8269
June	0.8373	0.8261	0.8325
July	0.8536	0.8333	0.8439
August	0.8624	0.8486	0.8560
September	0.8741	0.8456	0.8572
October	0.8804	0.8493	0.8714
November	0.8470	0.8112	0.8280
December	0.8386	0.8117	0.8259