2014 RSD to STD Historical Review

YEARLY HIGH

214.1957 STD

YEARLY LOW

198.7989 STD

YEARLY AVERAGE

209.0963 STD

2014 RSD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 214.1957. Conversely, the yearly low was recorded on December 17, dropping to 198.7989.

This high-to-low spread represents a total annual volatility of 15.3968 STD. From a start-to-finish perspective, comparing the January average rate of 212.5010 to the December average rate of 201.6300, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 214.1957 was down 3.95% compared to the 2013 peak of 222.9973, 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 1,070,978 STD

2013 Average 1,084,923 STD

Yearly Trough Low 993,994 STD

Transaction Impact: A difference of 76,984.18 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

213.5881

200.5428

JanuMarcMayJulySeptNove

RSD to STD 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 212.0556, compared to 206.1369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.9187 points.

H1 Avg (Jan–Jun) 212.0556

H2 Avg (Jul–Dec) 206.1369

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 4.9686 STD (High: 203.7674 / Low: 198.7989). On the other end, June was the most stable month, with a tight range of 0.9646 STD (High: 212.6379 / Low: 211.6733).

December Spread (Volatile) ±4.9686

June Spread (Stable) ±0.9646

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 2.7329 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.7329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 211.8153) against the same month in 2013 (average: 219.4154), the exchange rate shifted by -7.6001 (-3.46%).

2014 Avg (March) 211.8153

2013 Avg (March) 219.4154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	213.9053	210.4909	212.5010
February	212.3636	209.1173	211.6384
March	214.1957	210.7618	211.8153
April	213.1395	211.2833	212.2049
May	212.9254	210.0153	211.9820
June	212.6379	211.6733	212.1923
July	211.8955	209.3748	210.4586
August	209.9963	207.4746	208.6873
September	208.5961	204.4018	206.2650
October	207.4348	204.6205	205.4179
November	205.9837	203.0793	204.3628
December	203.7674	198.7989	201.6300