2014 RSD to AZN Historical Review

YEARLY HIGH

0.0094 AZN

YEARLY LOW

0.0078 AZN

YEARLY AVERAGE

0.0089 AZN

2014 RSD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0094. Conversely, the yearly low was recorded on December 31, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0016 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0093 to the December average rate of 0.0079, the exchange rate registered a net change of -14.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0094 was down 2.18% compared to the 2013 peak of 0.0097, 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 47 AZN

2013 Average 46 AZN

Yearly Trough Low 39 AZN

Transaction Impact: A difference of 8.12 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0095

0.0078

JanuMarcMayJulySeptNove

RSD to AZN 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 0.0093, compared to 0.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0093

H2 Avg (Jul–Dec) 0.0085

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0004 AZN (High: 0.0087 / Low: 0.0084). On the other end, June was the most stable month, with a tight range of 0.0001 AZN (High: 0.0093 / Low: 0.0092).

September Spread (Volatile) ±0.0004

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0093) against the same month in 2013 (average: 0.0092), the exchange rate shifted by +0.0001 (+1.42%).

2014 Avg (May) 0.0093

2013 Avg (May) 0.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0094	0.0091	0.0093
February	0.0093	0.0091	0.0092
March	0.0094	0.0093	0.0094
April	0.0094	0.0093	0.0094
May	0.0094	0.0092	0.0093
June	0.0093	0.0092	0.0092
July	0.0093	0.0090	0.0091
August	0.0090	0.0087	0.0089
September	0.0087	0.0084	0.0085
October	0.0084	0.0082	0.0083
November	0.0083	0.0081	0.0082
December	0.0081	0.0078	0.0079