2014 NZD to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NZD to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 78.1253. Conversely, the yearly low was recorded on January 1, dropping to 68.3284.
This high-to-low spread represents a total annual volatility of 9.7969 RSD. From a start-to-finish perspective, comparing the January average rate of 70.0521 to the December average rate of 76.6157, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 78.1253 was up 6.16% compared to the 2013 peak of 73.5932, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NZD to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 71.5854, compared to 74.9600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3746 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 4.1085 RSD (High: 76.5194 / Low: 72.4109). On the other end, May was the most stable month, with a tight range of 0.9961 RSD (High: 72.9268 / Low: 71.9307).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8838 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 76.6157) against the same month in 2013 (average: 68.8560), the exchange rate shifted by +7.7597 (+11.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.1248 | 68.3284 | 70.0521 |
| February | 70.8720 | 69.2667 | 70.2960 |
| March | 72.7803 | 70.2645 | 71.3621 |
| April | 72.7377 | 71.3915 | 72.0399 |
| May | 72.9268 | 71.9307 | 72.4393 |
| June | 74.5917 | 71.5736 | 73.3230 |
| July | 75.2288 | 73.9547 | 74.5742 |
| August | 75.0329 | 73.7355 | 74.3596 |
| September | 76.5194 | 72.4109 | 74.8718 |
| October | 74.7235 | 73.2533 | 73.9880 |
| November | 76.4758 | 73.6773 | 75.3506 |
| December | 78.1253 | 75.6931 | 76.6157 |