2014 RSD to IRR Historical Review

YEARLY HIGH

306.9602 IRR

YEARLY LOW

269.0611 IRR

YEARLY AVERAGE

292.6510 IRR

2014 RSD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 306.9602. Conversely, the yearly low was recorded on December 23, dropping to 269.0611.

This high-to-low spread represents a total annual volatility of 37.8992 IRR. From a start-to-finish perspective, comparing the January average rate of 292.1427 to the December average rate of 272.4987, the exchange rate registered a net change of -6.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 306.9602 was up 2.01% compared to the 2013 peak of 300.9080, 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 1,534,801 IRR

2013 Average 1,029,386 IRR

Yearly Trough Low 1,345,305 IRR

Transaction Impact: A difference of 189,495.82 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

305.9030

269.4620

JanuMarcMayJulySeptNove

RSD to IRR 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 298.3274, compared to 286.9745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.3529 points.

H1 Avg (Jan–Jun) 298.3274

H2 Avg (Jul–Dec) 286.9745

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 12.1406 IRR (High: 295.9591 / Low: 283.8185). On the other end, June was the most stable month, with a tight range of 2.6968 IRR (High: 302.5081 / Low: 299.8113).

September Spread (Volatile) ±12.1406

June Spread (Stable) ±2.6968

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 10.0858 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -10.0858

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 302.8662) against the same month in 2013 (average: 143.7601), the exchange rate shifted by +159.1062 (+110.67%).

2014 Avg (May) 302.8662

2013 Avg (May) 143.7601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	297.3411	289.4549	292.1427
February	295.7283	289.0885	292.7787
March	303.0249	294.8270	298.5804
April	305.5220	299.9301	302.5574
May	306.9602	300.2554	302.8662
June	302.5081	299.8113	301.0393
July	302.8914	299.2830	300.7890
August	301.3262	295.5728	298.9552
September	295.9591	283.8185	288.8694
October	285.4203	280.2536	283.0169
November	280.9803	275.4801	277.7180
December	276.7739	269.0611	272.4987