2015 NPR to RSD Historical Review

YEARLY HIGH

1.1320 RSD

YEARLY LOW

0.9796 RSD

YEARLY AVERAGE

1.0606 RSD

2015 NPR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NPR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1.1320. Conversely, the yearly low was recorded on August 24, dropping to 0.9796.

This high-to-low spread represents a total annual volatility of 0.1524 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0565 to the December average rate of 1.0525, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1320 was up 13.19% compared to the 2014 peak of 1.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,660 RSD

2014 Average 4,523 RSD

Yearly Trough Low 4,898 RSD

Transaction Impact: A difference of 761.83 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1213

0.9990

JanuMarcMayJulySeptNove

NPR 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 1.0778, compared to 1.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0342 points.

H1 Avg (Jan–Jun) 1.0778

H2 Avg (Jul–Dec) 1.0435

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1281 RSD (High: 1.1172 / Low: 0.9891). On the other end, September was the most stable month, with a tight range of 0.0260 RSD (High: 1.0202 / Low: 0.9942).

January Spread (Volatile) ±0.1281

September Spread (Stable) ±0.0260

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0504 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.1111) against the same month in 2014 (average: 0.8564), the exchange rate shifted by +0.2546 (+29.73%).

2015 Avg (March) 1.1111

2014 Avg (March) 0.8564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1172	0.9891	1.0565
February	1.0985	1.0600	1.0767
March	1.1320	1.0856	1.1111
April	1.1275	1.0669	1.1105
May	1.0808	1.0364	1.0601
June	1.0816	1.0385	1.0517
July	1.0912	1.0588	1.0725
August	1.0792	0.9796	1.0384
September	1.0202	0.9942	1.0092
October	1.0605	1.0075	1.0261
November	1.0747	1.0415	1.0626
December	1.0754	1.0419	1.0525