2015 NGN to RSD Historical Review

YEARLY HIGH

0.5803 RSD

YEARLY LOW

0.5202 RSD

YEARLY AVERAGE

0.5498 RSD

2015 NGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.5803. Conversely, the yearly low was recorded on February 15, dropping to 0.5202.

This high-to-low spread represents a total annual volatility of 0.0601 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5663 to the December average rate of 0.5619, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5803 was up 0.18% compared to the 2014 peak of 0.5792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 580,256 RSD

2014 Average 535,453 RSD

Yearly Trough Low 520,159 RSD

Transaction Impact: A difference of 60,096.64 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5692

0.5344

JanuMarcMayJulySeptNove

NGN 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 0.5506, compared to 0.5489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.5506

H2 Avg (Jul–Dec) 0.5489

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0558 RSD (High: 0.5760 / Low: 0.5202). On the other end, September was the most stable month, with a tight range of 0.0132 RSD (High: 0.5430 / Low: 0.5298).

February Spread (Volatile) ±0.0558

September Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between February and April, 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 0.0270 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.5663) against the same month in 2014 (average: 0.5292), the exchange rate shifted by +0.0371 (+7.01%).

2015 Avg (January) 0.5663

2014 Avg (January) 0.5292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5803	0.5457	0.5663
February	0.5760	0.5202	0.5393
March	0.5706	0.5303	0.5571
April	0.5664	0.5399	0.5582
May	0.5580	0.5293	0.5429
June	0.5546	0.5339	0.5400
July	0.5566	0.5423	0.5488
August	0.5537	0.5239	0.5427
September	0.5430	0.5298	0.5373
October	0.5532	0.5264	0.5376
November	0.5758	0.5493	0.5652
December	0.5755	0.5556	0.5619