2014 RSD to HUF Historical Review

YEARLY HIGH

2.7095 HUF

YEARLY LOW

2.5109 HUF

YEARLY AVERAGE

2.6332 HUF

2014 RSD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2.7095. Conversely, the yearly low was recorded on December 9, dropping to 2.5109.

This high-to-low spread represents a total annual volatility of 0.1986 HUF. From a start-to-finish perspective, comparing the January average rate of 2.6132 to the December average rate of 2.5621, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.7095 was down 1.41% compared to the 2013 peak of 2.7482, 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 13,547 HUF

2013 Average 13,129 HUF

Yearly Trough Low 12,554 HUF

Transaction Impact: A difference of 993.20 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.7059

2.5449

JanuMarcMayJulySeptNove

RSD to HUF 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 2.6536, compared to 2.6129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 2.6536

H2 Avg (Jul–Dec) 2.6129

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1169 HUF (High: 2.6277 / Low: 2.5109). On the other end, April was the most stable month, with a tight range of 0.0337 HUF (High: 2.6790 / Low: 2.6453).

December Spread (Volatile) ±0.1169

April Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0612 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 2.6925) against the same month in 2013 (average: 2.7086), the exchange rate shifted by -0.0161 (-0.60%).

2014 Avg (March) 2.6925

2013 Avg (March) 2.7086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6900	2.5860	2.6132
February	2.7074	2.6488	2.6749
March	2.7095	2.6641	2.6925
April	2.6790	2.6453	2.6592
May	2.6654	2.6122	2.6333
June	2.6756	2.6160	2.6484
July	2.6919	2.6361	2.6647
August	2.6981	2.6566	2.6731
September	2.6722	2.6200	2.6401
October	2.6133	2.5598	2.5789
November	2.6002	2.5321	2.5584
December	2.6277	2.5109	2.5621