2014 PLN to RSD Historical Review

YEARLY HIGH

29.3150 RSD

YEARLY LOW

27.2383 RSD

YEARLY AVERAGE

28.0099 RSD

2014 PLN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PLN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 29.3150. Conversely, the yearly low was recorded on February 2, dropping to 27.2383.

This high-to-low spread represents a total annual volatility of 2.0767 RSD. From a start-to-finish perspective, comparing the January average rate of 27.6463 to the December average rate of 28.7151, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 29.3150 was up 5.78% compared to the 2013 peak of 27.7126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 586,300 RSD

2013 Average 539,125 RSD

Yearly Trough Low 544,765 RSD

Transaction Impact: A difference of 41,534.81 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

28.8304

27.4461

JanuMarcMayJulySeptNove

PLN 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 27.6983, compared to 28.3215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6231 points.

H1 Avg (Jan–Jun) 27.6983

H2 Avg (Jul–Dec) 28.3215

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.7275 RSD (High: 29.3150 / Low: 27.5875). On the other end, April was the most stable month, with a tight range of 0.2546 RSD (High: 27.7429 / Low: 27.4883).

December Spread (Volatile) ±1.7275

April Spread (Stable) ±0.2546

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1964 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 28.7151) against the same month in 2013 (average: 27.5029), the exchange rate shifted by +1.2122 (+4.41%).

2014 Avg (December) 28.7151

2013 Avg (December) 27.5029

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.8817	27.2929	27.6463
February	27.9808	27.2383	27.7578
March	27.8565	27.3818	27.5614
April	27.7429	27.4883	27.6175
May	27.9209	27.4817	27.6735
June	28.2219	27.6921	27.9334
July	28.2032	27.8413	28.0483
August	28.1108	27.8018	27.9913
September	28.4612	28.0256	28.3222
October	28.5828	28.1468	28.3704
November	28.8583	28.1285	28.4816
December	29.3150	27.5875	28.7151