2014 PYG to RSD Historical Review

YEARLY HIGH

0.0216 RSD

YEARLY LOW

0.0181 RSD

YEARLY AVERAGE

0.0198 RSD

2014 PYG to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PYG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0216. Conversely, the yearly low was recorded on January 1, dropping to 0.0181.

This high-to-low spread represents a total annual volatility of 0.0035 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0183 to the December average rate of 0.0213, the exchange rate registered a net change of 16.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0216 was down 0.21% compared to the 2013 peak of 0.0217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108 RSD

2013 Average 99 RSD

Yearly Trough Low 91 RSD

Transaction Impact: A difference of 17.66 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0216

0.0180

JanuMarcMayJulySeptNove

PYG 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 0.0188, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0188

H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0011 RSD (High: 0.0205 / Low: 0.0194). On the other end, June was the most stable month, with a tight range of 0.0002 RSD (High: 0.0193 / Low: 0.0192).

July Spread (Volatile) ±0.0011

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0213) against the same month in 2013 (average: 0.0185), the exchange rate shifted by +0.0028 (+15.16%).

2014 Avg (December) 0.0213

2013 Avg (December) 0.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0185	0.0181	0.0183
February	0.0191	0.0183	0.0187
March	0.0191	0.0187	0.0189
April	0.0189	0.0187	0.0189
May	0.0192	0.0188	0.0190
June	0.0193	0.0192	0.0193
July	0.0205	0.0194	0.0201
August	0.0210	0.0204	0.0206
September	0.0216	0.0207	0.0212
October	0.0210	0.0203	0.0206
November	0.0209	0.0205	0.0207
December	0.0216	0.0209	0.0213