2014 RSD to LTL Historical Review

YEARLY HIGH

0.0302 LTL

YEARLY LOW

0.0282 LTL

YEARLY AVERAGE

0.0295 LTL

2014 RSD to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0302. Conversely, the yearly low was recorded on December 17, dropping to 0.0282.

This high-to-low spread represents a total annual volatility of 0.0020 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0299 to the December average rate of 0.0284, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0302 was down 3.39% compared to the 2013 peak of 0.0312, 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 151 LTL

2013 Average 153 LTL

Yearly Trough Low 141 LTL

Transaction Impact: A difference of 10.12 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0301

0.0283

JanuMarcMayJulySeptNove

RSD to LTL 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 0.0299, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0299

H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0005 LTL (High: 0.0295 / Low: 0.0290). On the other end, April was the most stable month, with a tight range of 0.0001 LTL (High: 0.0299 / Low: 0.0298).

September Spread (Volatile) ±0.0005

April Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0298) against the same month in 2013 (average: 0.0309), the exchange rate shifted by -0.0011 (-3.45%).

2014 Avg (March) 0.0298

2013 Avg (March) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0301	0.0298	0.0299
February	0.0298	0.0297	0.0298
March	0.0302	0.0298	0.0298
April	0.0299	0.0298	0.0299
May	0.0299	0.0298	0.0299
June	0.0299	0.0298	0.0299
July	0.0298	0.0295	0.0297
August	0.0296	0.0293	0.0294
September	0.0295	0.0290	0.0291
October	0.0291	0.0289	0.0289
November	0.0291	0.0286	0.0288
December	0.0286	0.0282	0.0284