2015 PEN to RSD Historical Review

YEARLY HIGH

36.7129 RSD

YEARLY LOW

31.7986 RSD

YEARLY AVERAGE

34.2028 RSD

2015 PEN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the PEN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 36.7129. Conversely, the yearly low was recorded on August 24, dropping to 31.7986.

This high-to-low spread represents a total annual volatility of 4.9143 RSD. From a start-to-finish perspective, comparing the January average rate of 35.0523 to the December average rate of 33.0935, the exchange rate registered a net change of -5.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 36.7129 was up 9.06% compared to the 2014 peak of 33.6628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,564 RSD

2014 Average 155,679 RSD

Yearly Trough Low 158,993 RSD

Transaction Impact: A difference of 24,571.32 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

36.2313

32.6907

JanuMarcMayJulySeptNove

PEN 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 34.9449, compared to 33.4607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4842 points.

H1 Avg (Jan–Jun) 34.9449

H2 Avg (Jul–Dec) 33.4607

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 3.1015 RSD (High: 36.5528 / Low: 33.4513). On the other end, November was the most stable month, with a tight range of 0.6798 RSD (High: 33.9922 / Low: 33.3124).

January Spread (Volatile) ±3.1015

November Spread (Stable) ±0.6798

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.3053 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.3053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 35.9363) against the same month in 2014 (average: 29.8236), the exchange rate shifted by +6.1127 (+20.50%).

2015 Avg (March) 35.9363

2014 Avg (March) 29.8236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.5528	33.4513	35.0523
February	35.6627	34.2411	34.7269
March	36.7129	34.6990	35.9363
April	36.0922	34.3393	35.6379
May	35.1408	33.4562	34.3326
June	34.9655	33.5778	33.9832
July	34.8628	33.9305	34.3347
August	34.5074	31.7986	33.3785
September	33.5884	32.7504	33.2537
October	33.5967	32.4191	32.9857
November	33.9922	33.3124	33.7180
December	34.0080	32.5737	33.0935