2014 RSD to GNF Historical Review

YEARLY HIGH

85.3748 GNF

YEARLY LOW

70.1757 GNF

YEARLY AVERAGE

79.5216 GNF

2014 RSD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 85.3748. Conversely, the yearly low was recorded on December 31, dropping to 70.1757.

This high-to-low spread represents a total annual volatility of 15.1990 GNF. From a start-to-finish perspective, comparing the January average rate of 82.4423 to the December average rate of 71.4653, the exchange rate registered a net change of -13.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 85.3748 was down 2.82% compared to the 2013 peak of 87.8501, 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 426,874 GNF

2013 Average 412,374 GNF

Yearly Trough Low 350,879 GNF

Transaction Impact: A difference of 75,995.17 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

84.9905

70.2358

JanuMarcMayJulySeptNove

RSD to GNF 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 82.9061, compared to 76.1372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7689 points.

H1 Avg (Jan–Jun) 82.9061

H2 Avg (Jul–Dec) 76.1372

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 3.1387 GNF (High: 85.3748 / Low: 82.2361). On the other end, February was the most stable month, with a tight range of 1.5163 GNF (High: 83.3144 / Low: 81.7980).

March Spread (Volatile) ±3.1387

February Spread (Stable) ±1.5163

Growth Streaks & Declines

Trends

Between January and March, 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 3.1479 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.1479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 83.7609) against the same month in 2013 (average: 82.5863), the exchange rate shifted by +1.1746 (+1.42%).

2014 Avg (March) 83.7609

2013 Avg (March) 82.5863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	83.8609	81.1137	82.4423
February	83.3144	81.7980	82.6227
March	85.3748	82.2361	83.7609
April	84.2584	82.6475	83.4804
May	84.4713	81.3862	83.0056
June	82.9068	81.0768	82.1244
July	83.0935	80.6891	81.8473
August	80.4546	77.6598	79.2894
September	77.5039	75.0258	76.1414
October	76.0792	74.1161	74.8262
November	74.5119	72.6203	73.2533
December	72.7847	70.1757	71.4653