2014 PGK to RSD Historical Review

YEARLY HIGH

39.0304 RSD

YEARLY LOW

29.4631 RSD

YEARLY AVERAGE

34.4953 RSD

2014 PGK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PGK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 39.0304. Conversely, the yearly low was recorded on May 27, dropping to 29.4631.

This high-to-low spread represents a total annual volatility of 9.5673 RSD. From a start-to-finish perspective, comparing the January average rate of 33.8959 to the December average rate of 38.2569, the exchange rate registered a net change of 12.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 39.0304 was down 7.66% compared to the 2013 peak of 42.2695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 195,152 RSD

2013 Average 186,715 RSD

Yearly Trough Low 147,316 RSD

Transaction Impact: A difference of 47,836.40 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

39.0916

29.0756

JanuMarcMayJulySeptNove

PGK 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 32.0650, compared to 36.9256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8607 points.

H1 Avg (Jan–Jun) 32.0650

H2 Avg (Jul–Dec) 36.9256

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 5.4399 RSD (High: 34.9842 / Low: 29.5443). On the other end, November was the most stable month, with a tight range of 0.4850 RSD (High: 38.0395 / Low: 37.5545).

June Spread (Volatile) ±5.4399

November Spread (Stable) ±0.4850

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.5749 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.5749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 38.2569) against the same month in 2013 (average: 33.3865), the exchange rate shifted by +4.8704 (+14.59%).

2014 Avg (December) 38.2569

2013 Avg (December) 33.3865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.1614	33.1064	33.8959
February	34.1252	32.2071	33.2576
March	33.3266	30.9542	32.0021
April	31.5725	29.8441	30.4271
May	30.1734	29.4631	29.9103
June	34.9842	29.5443	32.8970
July	35.6341	34.8185	35.1546
August	36.3085	35.4035	35.7807
September	37.7864	36.1500	37.1002
October	38.1344	36.9715	37.5222
November	38.0395	37.5545	37.7393
December	39.0304	37.6565	38.2569