2014 RSD to RUB Historical Review

YEARLY HIGH

0.6995 RUB

YEARLY LOW

0.3917 RUB

YEARLY AVERAGE

0.4338 RUB

2014 RSD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.6995. Conversely, the yearly low was recorded on January 12, dropping to 0.3917.

This high-to-low spread represents a total annual volatility of 0.3078 RUB. From a start-to-finish perspective, comparing the January average rate of 0.3978 to the December average rate of 0.5701, the exchange rate registered a net change of 43.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6995 was up 77.04% compared to the 2013 peak of 0.3951, 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 3,498 RUB

2013 Average 1,871 RUB

Yearly Trough Low 1,959 RUB

Transaction Impact: A difference of 1,539.00 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5873

0.3806

JanuMarcMayJulySeptNove

RSD to RUB 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 0.4151, compared to 0.4524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0373 points.

H1 Avg (Jan–Jun) 0.4151

H2 Avg (Jul–Dec) 0.4524

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1819 RUB (High: 0.6995 / Low: 0.5176). On the other end, August was the most stable month, with a tight range of 0.0103 RUB (High: 0.4143 / Low: 0.4040).

December Spread (Volatile) ±0.1819

August Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0119 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.5701) against the same month in 2013 (average: 0.3924), the exchange rate shifted by +0.1777 (+45.27%).

2014 Avg (December) 0.5701

2013 Avg (December) 0.3924

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4129	0.3917	0.3978
February	0.4283	0.4062	0.4155
March	0.4393	0.4206	0.4320
April	0.4330	0.4185	0.4264
May	0.4299	0.4023	0.4144
June	0.4133	0.3969	0.4047
July	0.4115	0.3993	0.4046
August	0.4143	0.4040	0.4104
September	0.4268	0.4015	0.4130
October	0.4551	0.4211	0.4343
November	0.5159	0.4531	0.4822
December	0.6995	0.5176	0.5701