2014 RSD to ALL Historical Review

YEARLY HIGH

1.2268 ALL

YEARLY LOW

1.1411 ALL

YEARLY AVERAGE

1.1944 ALL

2014 RSD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 1.2268. Conversely, the yearly low was recorded on December 17, dropping to 1.1411.

This high-to-low spread represents a total annual volatility of 0.0857 ALL. From a start-to-finish perspective, comparing the January average rate of 1.2182 to the December average rate of 1.1528, the exchange rate registered a net change of -5.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2268 was down 3.99% compared to the 2013 peak of 1.2778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,134 ALL

2013 Average 6,205 ALL

Yearly Trough Low 5,706 ALL

Transaction Impact: A difference of 428.70 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2248

1.1462

JanuMarcMayJulySeptNove

RSD to ALL 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 1.2131, compared to 1.1757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0374 points.

H1 Avg (Jan–Jun) 1.2131

H2 Avg (Jul–Dec) 1.1757

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0229 ALL (High: 1.2123 / Low: 1.1894). On the other end, June was the most stable month, with a tight range of 0.0057 ALL (High: 1.2159 / Low: 1.2101).

July Spread (Volatile) ±0.0229

June Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0175 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.2128) against the same month in 2013 (average: 1.2513), the exchange rate shifted by -0.0385 (-3.07%).

2014 Avg (March) 1.2128

2013 Avg (March) 1.2513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2255	1.2113	1.2182
February	1.2155	1.2077	1.2121
March	1.2268	1.2063	1.2128
April	1.2146	1.2086	1.2118
May	1.2141	1.2070	1.2109
June	1.2159	1.2101	1.2128
July	1.2123	1.1894	1.2036
August	1.1945	1.1806	1.1861
September	1.1936	1.1736	1.1796
October	1.1793	1.1630	1.1685
November	1.1683	1.1578	1.1638
December	1.1614	1.1411	1.1528