2015 KPW to RSD Historical Review

YEARLY HIGH

0.1273 RSD

YEARLY LOW

0.1115 RSD

YEARLY AVERAGE

0.1209 RSD

2015 KPW to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the KPW to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.1273. Conversely, the yearly low was recorded on January 2, dropping to 0.1115.

This high-to-low spread represents a total annual volatility of 0.0159 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1171 to the December average rate of 0.1242, the exchange rate registered a net change of 6.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1273 was up 14.42% compared to the 2014 peak of 0.1113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 637 RSD

2014 Average 491 RSD

Yearly Trough Low 557 RSD

Transaction Impact: A difference of 79.33 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1258

0.1163

JanuMarcMayJulySeptNove

KPW 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 0.1204, compared to 0.1214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1204

H2 Avg (Jul–Dec) 0.1214

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0106 RSD (High: 0.1221 / Low: 0.1115). On the other end, September was the most stable month, with a tight range of 0.0028 RSD (High: 0.1200 / Low: 0.1172).

January Spread (Volatile) ±0.0106

September Spread (Stable) ±0.0028

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 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.1250) against the same month in 2014 (average: 0.1069), the exchange rate shifted by +0.0181 (+16.92%).

2015 Avg (November) 0.1250

2014 Avg (November) 0.1069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1221	0.1115	0.1171
February	0.1212	0.1173	0.1188
March	0.1266	0.1194	0.1235
April	0.1251	0.1194	0.1234
May	0.1232	0.1169	0.1200
June	0.1225	0.1180	0.1193
July	0.1231	0.1197	0.1213
August	0.1224	0.1158	0.1200
September	0.1200	0.1172	0.1188
October	0.1224	0.1164	0.1189
November	0.1273	0.1215	0.1250
December	0.1273	0.1229	0.1242