2015 KES to RSD Historical Review

YEARLY HIGH

1.2415 RSD

YEARLY LOW

0.9990 RSD

YEARLY AVERAGE

1.1104 RSD

2015 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.2415. Conversely, the yearly low was recorded on September 17, dropping to 0.9990.

This high-to-low spread represents a total annual volatility of 0.2425 RSD. From a start-to-finish perspective, comparing the January average rate of 1.1530 to the December average rate of 1.0938, the exchange rate registered a net change of -5.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.2415 was up 12.26% compared to the 2014 peak of 1.1059, 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 6,208 RSD

2014 Average 5,026 RSD

Yearly Trough Low 4,995 RSD

Transaction Impact: A difference of 1,212.51 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2310

0.9953

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 1.1571, compared to 1.0637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0934 points.

H1 Avg (Jan–Jun) 1.1571

H2 Avg (Jul–Dec) 1.0637

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0908 RSD (High: 1.1958 / Low: 1.1050). On the other end, September was the most stable month, with a tight range of 0.0315 RSD (High: 1.0305 / Low: 0.9990).

January Spread (Volatile) ±0.0908

September Spread (Stable) ±0.0315

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0689 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.2114) against the same month in 2014 (average: 0.9673), the exchange rate shifted by +0.2441 (+25.23%).

2015 Avg (March) 1.2114

2014 Avg (March) 0.9673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1958	1.1050	1.1530
February	1.1911	1.1560	1.1684
March	1.2415	1.1756	1.2114
April	1.2112	1.1353	1.1902
May	1.1394	1.0971	1.1213
June	1.1287	1.0793	1.0985
July	1.0936	1.0568	1.0779
August	1.0894	1.0056	1.0537
September	1.0305	0.9990	1.0149
October	1.0849	1.0160	1.0417
November	1.1222	1.0711	1.1004
December	1.1215	1.0816	1.0938