2014 MGA to RSD Historical Review

YEARLY HIGH

0.0389 RSD

YEARLY LOW

0.0344 RSD

YEARLY AVERAGE

0.0358 RSD

2014 MGA to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MGA to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0389. Conversely, the yearly low was recorded on October 15, dropping to 0.0344.

This high-to-low spread represents a total annual volatility of 0.0045 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0374 to the December average rate of 0.0380, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0389 was down 3.58% compared to the 2013 peak of 0.0403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 195 RSD

2013 Average 192 RSD

Yearly Trough Low 172 RSD

Transaction Impact: A difference of 22.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0383

0.0346

JanuMarcMayJulySeptNove

MGA 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 0.0360, compared to 0.0356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0360

H2 Avg (Jul–Dec) 0.0356

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0025 RSD (High: 0.0389 / Low: 0.0364). On the other end, January was the most stable month, with a tight range of 0.0005 RSD (High: 0.0376 / Low: 0.0371).

December Spread (Volatile) ±0.0025

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0380) against the same month in 2013 (average: 0.0372), the exchange rate shifted by +0.0008 (+2.19%).

2014 Avg (December) 0.0380

2013 Avg (December) 0.0372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0376	0.0371	0.0374
February	0.0374	0.0359	0.0365
March	0.0362	0.0353	0.0357
April	0.0359	0.0351	0.0355
May	0.0360	0.0349	0.0354
June	0.0359	0.0349	0.0353
July	0.0353	0.0344	0.0349
August	0.0354	0.0346	0.0350
September	0.0361	0.0349	0.0354
October	0.0356	0.0344	0.0349
November	0.0361	0.0351	0.0355
December	0.0389	0.0364	0.0380