2015 RSD to MRO Historical Review

YEARLY HIGH

3.0461 MRO

YEARLY LOW

2.5563 MRO

YEARLY AVERAGE

2.8444 MRO

2015 RSD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RSD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 3.0461. Conversely, the yearly low was recorded on March 15, dropping to 2.5563.

This high-to-low spread represents a total annual volatility of 0.4899 MRO. From a start-to-finish perspective, comparing the January average rate of 2.7677 to the December average rate of 2.7260, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.0461 was down 14.88% compared to the 2014 peak of 3.5786, 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 15,231 MRO

2014 Average 16,570 MRO

Yearly Trough Low 12,781 MRO

Transaction Impact: A difference of 2,449.30 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.0135

2.6500

JanuMarcMayJulySeptNove

RSD to MRO 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 2.8137, compared to 2.8751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0613 points.

H1 Avg (Jan–Jun) 2.8137

H2 Avg (Jul–Dec) 2.8751

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.2991 MRO (High: 2.8553 / Low: 2.5563). On the other end, February was the most stable month, with a tight range of 0.0612 MRO (High: 2.7518 / Low: 2.6906).

March Spread (Volatile) ±0.2991

February Spread (Stable) ±0.0612

Growth Streaks & Declines

Trends

Between March and July, 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 November and December, when the average rate fell by 0.1378 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2015: 2.9817) against the same month in 2014 (average: 3.4405), the exchange rate shifted by -0.4588 (-13.34%).

2015 Avg (June) 2.9817

2014 Avg (June) 3.4405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9234	2.6496	2.7677
February	2.7518	2.6906	2.7279
March	2.8553	2.5563	2.6803
April	2.8733	2.7647	2.8234
May	2.9997	2.8244	2.9014
June	3.0461	2.8367	2.9817
July	3.0304	2.9321	2.9832
August	3.0435	2.9274	2.9725
September	2.9955	2.7253	2.9098
October	2.9979	2.7188	2.7952
November	3.0344	2.7553	2.8638
December	2.7930	2.6376	2.7260