2014 PKR to RSD Historical Review

YEARLY HIGH

0.9948 RSD

YEARLY LOW

0.7901 RSD

YEARLY AVERAGE

0.8756 RSD

2014 PKR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PKR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9948. Conversely, the yearly low was recorded on January 1, dropping to 0.7901.

This high-to-low spread represents a total annual volatility of 0.2048 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8034 to the December average rate of 0.9790, the exchange rate registered a net change of 21.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9948 was up 11.88% compared to the 2013 peak of 0.8892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 497,417 RSD

2013 Average 419,878 RSD

Yearly Trough Low 395,032 RSD

Transaction Impact: A difference of 102,384.81 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9966

0.7858

JanuMarcMayJulySeptNove

PKR 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 0.8365, compared to 0.9146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0781 points.

H1 Avg (Jan–Jun) 0.8365

H2 Avg (Jul–Dec) 0.9146

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0578 RSD (High: 0.8580 / Low: 0.8002). On the other end, June was the most stable month, with a tight range of 0.0088 RSD (High: 0.8658 / Low: 0.8571).

March Spread (Volatile) ±0.0578

June Spread (Stable) ±0.0088

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 April and May, when the average rate fell by 0.0041 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.9790) against the same month in 2013 (average: 0.7826), the exchange rate shifted by +0.1964 (+25.10%).

2014 Avg (December) 0.9790

2013 Avg (December) 0.7826

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8133	0.7901	0.8034
February	0.8138	0.8012	0.8071
March	0.8580	0.8002	0.8356
April	0.8691	0.8465	0.8576
May	0.8613	0.8411	0.8535
June	0.8658	0.8571	0.8621
July	0.8837	0.8585	0.8697
August	0.8861	0.8767	0.8813
September	0.9111	0.8781	0.8980
October	0.9254	0.9080	0.9160
November	0.9547	0.9223	0.9436
December	0.9948	0.9500	0.9790