2015 MOP to RSD Historical Review

YEARLY HIGH

14.3572 RSD

YEARLY LOW

12.5072 RSD

YEARLY AVERAGE

13.6233 RSD

2015 MOP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MOP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 14.3572. Conversely, the yearly low was recorded on January 2, dropping to 12.5072.

This high-to-low spread represents a total annual volatility of 1.8501 RSD. From a start-to-finish perspective, comparing the January average rate of 13.1783 to the December average rate of 14.0272, the exchange rate registered a net change of 6.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 14.3572 was up 14.66% compared to the 2014 peak of 12.5220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,786 RSD

2014 Average 55,365 RSD

Yearly Trough Low 62,536 RSD

Transaction Impact: A difference of 9,250.27 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

14.1676

13.0883

JanuMarcMayJulySeptNove

MOP 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 13.5612, compared to 13.6854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1242 points.

H1 Avg (Jan–Jun) 13.5612

H2 Avg (Jul–Dec) 13.6854

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 1.2601 RSD (High: 13.7673 / Low: 12.5072). On the other end, September was the most stable month, with a tight range of 0.3219 RSD (High: 13.5288 / Low: 13.2070).

January Spread (Volatile) ±1.2601

September Spread (Stable) ±0.3219

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 0.4267 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 14.0272) against the same month in 2014 (average: 12.3510), the exchange rate shifted by +1.6763 (+13.57%).

2015 Avg (December) 14.0272

2014 Avg (December) 12.3510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.7673	12.5072	13.1783
February	13.6321	13.1928	13.3785
March	14.2206	13.4429	13.8905
April	14.1097	13.4520	13.9435
May	13.8704	13.1487	13.5169
June	13.8067	13.3368	13.4595
July	13.8837	13.5468	13.6829
August	13.8005	13.1287	13.5305
September	13.5288	13.2070	13.3929
October	13.7956	13.1349	13.4014
November	14.3523	13.6935	14.0776
December	14.3572	13.8542	14.0272