2014 LBP to RSD Historical Review

YEARLY HIGH

0.0662 RSD

YEARLY LOW

0.0550 RSD

YEARLY AVERAGE

0.0586 RSD

2014 LBP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LBP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0662. Conversely, the yearly low was recorded on May 7, dropping to 0.0550.

This high-to-low spread represents a total annual volatility of 0.0112 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0563 to the December average rate of 0.0653, the exchange rate registered a net change of 15.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0662 was up 12.66% compared to the 2013 peak of 0.0588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 331 RSD

2013 Average 282 RSD

Yearly Trough Low 275 RSD

Transaction Impact: A difference of 56.13 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0662

0.0545

JanuMarcMayJulySeptNove

LBP 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 0.0560, compared to 0.0612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0560

H2 Avg (Jul–Dec) 0.0612

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0026 RSD (High: 0.0619 / Low: 0.0593). On the other end, June was the most stable month, with a tight range of 0.0005 RSD (High: 0.0565 / Low: 0.0560).

September Spread (Volatile) ±0.0026

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0008 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0653) against the same month in 2013 (average: 0.0556), the exchange rate shifted by +0.0096 (+17.29%).

2014 Avg (December) 0.0653

2013 Avg (December) 0.0556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0571	0.0554	0.0563
February	0.0571	0.0559	0.0564
March	0.0561	0.0553	0.0556
April	0.0560	0.0552	0.0555
May	0.0562	0.0550	0.0557
June	0.0565	0.0560	0.0562
July	0.0577	0.0561	0.0568
August	0.0593	0.0576	0.0583
September	0.0619	0.0593	0.0608
October	0.0627	0.0617	0.0622
November	0.0641	0.0627	0.0636
December	0.0662	0.0640	0.0653