2014 RSD to RON Historical Review

YEARLY HIGH

0.0395 RON

YEARLY LOW

0.0364 RON

YEARLY AVERAGE

0.0379 RON

2014 RSD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0395. Conversely, the yearly low was recorded on December 9, dropping to 0.0364.

This high-to-low spread represents a total annual volatility of 0.0031 RON. From a start-to-finish perspective, comparing the January average rate of 0.0392 to the December average rate of 0.0367, the exchange rate registered a net change of -6.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0395 was down 0.56% compared to the 2013 peak of 0.0397, 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 197 RON

2013 Average 195 RON

Yearly Trough Low 182 RON

Transaction Impact: A difference of 15.29 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0394

0.0365

JanuMarcMayJulySeptNove

RSD to RON 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 0.0386, compared to 0.0372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0386

H2 Avg (Jul–Dec) 0.0372

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0007 RON (High: 0.0371 / Low: 0.0364). On the other end, June was the most stable month, with a tight range of 0.0002 RON (High: 0.0381 / Low: 0.0379).

December Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No 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 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0392) against the same month in 2013 (average: 0.0391), the exchange rate shifted by +0.0000 (+0.12%).

2014 Avg (January) 0.0392

2013 Avg (January) 0.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0395	0.0388	0.0392
February	0.0389	0.0384	0.0388
March	0.0391	0.0387	0.0388
April	0.0387	0.0384	0.0386
May	0.0384	0.0380	0.0382
June	0.0381	0.0379	0.0380
July	0.0384	0.0377	0.0379
August	0.0380	0.0373	0.0377
September	0.0376	0.0370	0.0372
October	0.0372	0.0369	0.0370
November	0.0371	0.0367	0.0369
December	0.0371	0.0364	0.0367