2014 RSD to KPW Historical Review

YEARLY HIGH

10.8415 KPW

YEARLY LOW

8.9852 KPW

YEARLY AVERAGE

10.2104 KPW

2014 RSD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 10.8415. Conversely, the yearly low was recorded on December 31, dropping to 8.9852.

This high-to-low spread represents a total annual volatility of 1.8564 KPW. From a start-to-finish perspective, comparing the January average rate of 10.6225 to the December average rate of 9.1169, the exchange rate registered a net change of -14.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.8415 was down 2.15% compared to the 2013 peak of 11.0798, 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 54,208 KPW

2013 Average 52,862 KPW

Yearly Trough Low 44,926 KPW

Transaction Impact: A difference of 9,281.78 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.9204

8.9529

JanuMarcMayJulySeptNove

RSD to KPW 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 10.6704, compared to 9.7505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9199 points.

H1 Avg (Jan–Jun) 10.6704

H2 Avg (Jul–Dec) 9.7505

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.4259 KPW (High: 10.0268 / Low: 9.6010). On the other end, June was the most stable month, with a tight range of 0.0795 KPW (High: 10.6335 / Low: 10.5540).

September Spread (Volatile) ±0.4259

June Spread (Stable) ±0.0795

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 0.4318 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 10.6882) against the same month in 2013 (average: 10.5316), the exchange rate shifted by +0.1566 (+1.49%).

2014 Avg (May) 10.6882

2013 Avg (May) 10.5316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8066	10.4899	10.6225
February	10.7013	10.4766	10.6068
March	10.8216	10.6586	10.7528
April	10.8176	10.6786	10.7564
May	10.8415	10.5855	10.6882
June	10.6335	10.5540	10.5954
July	10.6294	10.3123	10.4836
August	10.3388	10.0252	10.2091
September	10.0268	9.6010	9.7773
October	9.6420	9.4685	9.5596
November	9.4833	9.2781	9.3564
December	9.2955	8.9852	9.1169