2015 RSD to ARS Historical Review

YEARLY HIGH

0.1184 ARS

YEARLY LOW

0.0771 ARS

YEARLY AVERAGE

0.0851 ARS

2015 RSD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RSD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.1184. Conversely, the yearly low was recorded on March 15, dropping to 0.0771.

This high-to-low spread represents a total annual volatility of 0.0413 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0817 to the December average rate of 0.1015, the exchange rate registered a net change of 24.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1184 was up 22.89% compared to the 2014 peak of 0.0964, 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 592 ARS

2014 Average 459 ARS

Yearly Trough Low 386 ARS

Transaction Impact: A difference of 206.58 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1037

0.0767

JanuMarcMayJulySeptNove

RSD to ARS 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 0.0815, compared to 0.0887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.0815

H2 Avg (Jul–Dec) 0.0887

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0339 ARS (High: 0.1184 / Low: 0.0845). On the other end, July was the most stable month, with a tight range of 0.0025 ARS (High: 0.0849 / Low: 0.0824).

December Spread (Volatile) ±0.0339

July Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1015) against the same month in 2014 (average: 0.0866), the exchange rate shifted by +0.0149 (+17.22%).

2015 Avg (December) 0.1015

2014 Avg (December) 0.0866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0854	0.0787	0.0817
February	0.0824	0.0791	0.0812
March	0.0812	0.0771	0.0790
April	0.0830	0.0786	0.0797
May	0.0851	0.0810	0.0829
June	0.0856	0.0817	0.0843
July	0.0849	0.0824	0.0837
August	0.0889	0.0835	0.0856
September	0.0889	0.0863	0.0876
October	0.0902	0.0864	0.0885
November	0.0873	0.0843	0.0854
December	0.1184	0.0845	0.1015