2014 RSD to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 RSD to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the RSD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.5399. Conversely, the yearly low was recorded on December 23, dropping to 0.4463.
This high-to-low spread represents a total annual volatility of 0.0935 PHP. From a start-to-finish perspective, comparing the January average rate of 0.5307 to the December average rate of 0.4526, the exchange rate registered a net change of -14.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 0.5399 was up 1.12% compared to the 2013 peak of 0.5339, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
RSD to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5274, compared to 0.4799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0475 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was May, with a trading range of 0.0200 PHP (High: 0.5341 / Low: 0.5141). On the other end, April was the most stable month, with a tight range of 0.0049 PHP (High: 0.5357 / Low: 0.5308).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0166 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 0.5350) against the same month in 2013 (average: 0.4728), the exchange rate shifted by +0.0623 (+13.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.5368 | 0.5272 | 0.5307 |
| February | 0.5309 | 0.5255 | 0.5287 |
| March | 0.5399 | 0.5296 | 0.5350 |
| April | 0.5357 | 0.5308 | 0.5331 |
| May | 0.5341 | 0.5141 | 0.5214 |
| June | 0.5183 | 0.5129 | 0.5156 |
| July | 0.5153 | 0.4981 | 0.5065 |
| August | 0.5038 | 0.4862 | 0.4967 |
| September | 0.4854 | 0.4729 | 0.4801 |
| October | 0.4810 | 0.4728 | 0.4760 |
| November | 0.4735 | 0.4634 | 0.4674 |
| December | 0.4633 | 0.4463 | 0.4526 |