2015 LTL to RSD Historical Review

YEARLY HIGH

38.8336 RSD

YEARLY LOW

34.6562 RSD

YEARLY AVERAGE

35.9958 RSD

2015 LTL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the LTL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 38.8336. Conversely, the yearly low was recorded on August 24, dropping to 34.6562.

This high-to-low spread represents a total annual volatility of 4.1773 RSD. From a start-to-finish perspective, comparing the January average rate of 35.8126 to the December average rate of 35.9753, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 38.8336 was up 9.34% compared to the 2014 peak of 35.5150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 194,168 RSD

2014 Average 169,785 RSD

Yearly Trough Low 173,281 RSD

Transaction Impact: A difference of 20,886.72 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

38.1285

34.8922

JanuMarcMayJulySeptNove

LTL 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 36.5265, compared to 35.4652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0614 points.

H1 Avg (Jan–Jun) 36.5265

H2 Avg (Jul–Dec) 35.4652

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 2.9528 RSD (High: 38.8336 / Low: 35.8808). On the other end, July was the most stable month, with a tight range of 0.4937 RSD (High: 35.5538 / Low: 35.0601).

March Spread (Volatile) ±2.9528

July Spread (Stable) ±0.4937

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.4151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 37.8008) against the same month in 2014 (average: 33.5152), the exchange rate shifted by +4.2857 (+12.79%).

2015 Avg (March) 37.8008

2014 Avg (March) 33.5152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.6930	34.8392	35.8126
February	36.5724	35.5178	35.9043
March	38.8336	35.8808	37.8008
April	38.3745	36.6126	37.8588
May	37.7857	35.2756	36.4437
June	37.5895	34.9040	35.3387
July	35.5538	35.0601	35.3052
August	35.4925	34.6562	35.2074
September	35.5223	34.8897	35.2363
October	35.6492	34.7568	35.1619
November	36.3153	35.3528	35.9049
December	36.3497	35.7085	35.9753