2014 RSD to SYP Historical Review

YEARLY HIGH

1.8120 SYP

YEARLY LOW

1.6539 SYP

YEARLY AVERAGE

1.7283 SYP

2014 RSD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.8120. Conversely, the yearly low was recorded on February 3, dropping to 1.6539.

This high-to-low spread represents a total annual volatility of 0.1581 SYP. From a start-to-finish perspective, comparing the January average rate of 1.6715 to the December average rate of 1.7862, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8120 was up 6.86% compared to the 2013 peak of 1.6957, 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 9,060 SYP

2013 Average 5,634 SYP

Yearly Trough Low 8,269 SYP

Transaction Impact: A difference of 790.56 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7977

1.6601

JanuMarcMayJulySeptNove

RSD to SYP 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 1.7212, compared to 1.7354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 1.7212

H2 Avg (Jul–Dec) 1.7354

Volatility Range Comparison

Volatility

The most volatile month in 2014 was April, with a trading range of 0.0785 SYP (High: 1.7757 / Low: 1.6973). On the other end, June was the most stable month, with a tight range of 0.0197 SYP (High: 1.7691 / Low: 1.7493).

April Spread (Volatile) ±0.0785

June Spread (Stable) ±0.0197

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 0.0321 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.7862) against the same month in 2013 (average: 1.6796), the exchange rate shifted by +0.1067 (+6.35%).

2014 Avg (December) 1.7862

2013 Avg (December) 1.6796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6923	1.6572	1.6715
February	1.6938	1.6539	1.6796
March	1.7264	1.6863	1.7084
April	1.7757	1.6973	1.7420
May	1.7866	1.7542	1.7674
June	1.7691	1.7493	1.7581
July	1.7670	1.7132	1.7426
August	1.7200	1.6968	1.7105
September	1.7270	1.6617	1.6962
October	1.7432	1.7009	1.7257
November	1.7761	1.7220	1.7511
December	1.8120	1.7590	1.7862