2015 RSD to BAM Historical Review

YEARLY HIGH

0.0165 BAM

YEARLY LOW

0.0158 BAM

YEARLY AVERAGE

0.0162 BAM

2015 RSD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RSD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0165. Conversely, the yearly low was recorded on January 28, dropping to 0.0158.

This high-to-low spread represents a total annual volatility of 0.0006 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0161, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0165 was down 3.74% compared to the 2014 peak of 0.0171, 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 82 BAM

2014 Average 83 BAM

Yearly Trough Low 79 BAM

Transaction Impact: A difference of 3.21 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0163

0.0159

JanuMarcMayJulySeptNove

RSD to BAM 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 0.0162, compared to 0.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0162

H2 Avg (Jul–Dec) 0.0162

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0004 BAM (High: 0.0163 / Low: 0.0158). On the other end, September was the most stable month, with a tight range of 0.0001 BAM (High: 0.0163 / Low: 0.0162).

January Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 0.0163) against the same month in 2014 (average: 0.0169), the exchange rate shifted by -0.0006 (-3.79%).

2015 Avg (April) 0.0163

2014 Avg (April) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0163	0.0158	0.0160
February	0.0163	0.0159	0.0161
March	0.0164	0.0162	0.0163
April	0.0165	0.0162	0.0163
May	0.0163	0.0162	0.0162
June	0.0164	0.0162	0.0162
July	0.0164	0.0163	0.0163
August	0.0163	0.0162	0.0163
September	0.0163	0.0162	0.0163
October	0.0163	0.0162	0.0163
November	0.0163	0.0161	0.0162
December	0.0161	0.0160	0.0161