2015 RSD to STD Historical Review

YEARLY HIGH

206.3299 STD

YEARLY LOW

197.5775 STD

YEARLY AVERAGE

202.9414 STD

2015 RSD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RSD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 206.3299. Conversely, the yearly low was recorded on January 28, dropping to 197.5775.

This high-to-low spread represents a total annual volatility of 8.7524 STD. From a start-to-finish perspective, comparing the January average rate of 199.7640 to the December average rate of 201.0682, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 206.3299 was down 3.67% compared to the 2014 peak of 214.1957, 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 1,031,650 STD

2014 Average 1,045,396 STD

Yearly Trough Low 987,888 STD

Transaction Impact: A difference of 43,762.03 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

204.6042

199.3240

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 202.6785, compared to 203.2044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5258 points.

H1 Avg (Jan–Jun) 202.6785

H2 Avg (Jul–Dec) 203.2044

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 6.0270 STD (High: 204.7229 / Low: 198.6959). On the other end, November was the most stable month, with a tight range of 2.3728 STD (High: 204.2333 / Low: 201.8605).

February Spread (Volatile) ±6.0270

November Spread (Stable) ±2.3728

Growth Streaks & Declines

Trends

Between May and September, 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 1.9567 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.9567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 203.7633) against the same month in 2014 (average: 208.6873), the exchange rate shifted by -4.9240 (-2.36%).

2015 Avg (August) 203.7633

2014 Avg (August) 208.6873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	202.8706	197.5775	199.7640
February	204.7229	198.6959	202.0744
March	205.8185	201.7741	203.5737
April	206.2208	203.1780	204.1642
May	204.5591	201.1444	203.0840
June	204.9443	201.5249	203.4109
July	205.0352	202.5042	203.7160
August	206.3299	200.8230	203.7633
September	205.8772	201.6953	203.8637
October	205.7004	201.1440	203.7900
November	204.2333	201.8605	203.0249
December	203.2437	199.2693	201.0682