2014 KES to RSD Historical Review

YEARLY HIGH

1.1059 RSD

YEARLY LOW

0.9532 RSD

YEARLY AVERAGE

1.0050 RSD

2014 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1.1059. Conversely, the yearly low was recorded on May 6, dropping to 0.9532.

This high-to-low spread represents a total annual volatility of 0.1527 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9822 to the December average rate of 1.0914, the exchange rate registered a net change of 11.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1059 was up 7.54% compared to the 2013 peak of 1.0284, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,529 RSD

2013 Average 4,945 RSD

Yearly Trough Low 4,766 RSD

Transaction Impact: A difference of 763.33 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1042

0.9504

JanuMarcMayJulySeptNove

KES 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 0.9717, compared to 1.0384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0667 points.

H1 Avg (Jan–Jun) 0.9717

H2 Avg (Jul–Dec) 1.0384

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0374 RSD (High: 1.0506 / Low: 1.0132). On the other end, June was the most stable month, with a tight range of 0.0057 RSD (High: 0.9717 / Low: 0.9660).

September Spread (Volatile) ±0.0374

June Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0161 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.0914) against the same month in 2013 (average: 0.9702), the exchange rate shifted by +0.1212 (+12.50%).

2014 Avg (December) 1.0914

2013 Avg (December) 0.9702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9955	0.9644	0.9822
February	0.9949	0.9736	0.9835
March	0.9771	0.9605	0.9673
April	0.9728	0.9592	0.9644
May	0.9684	0.9532	0.9632
June	0.9717	0.9660	0.9695
July	0.9940	0.9644	0.9783
August	1.0145	0.9917	1.0002
September	1.0506	1.0132	1.0360
October	1.0626	1.0468	1.0552
November	1.0755	1.0603	1.0693
December	1.1059	1.0732	1.0914