2015 RSD to TOP Historical Review

YEARLY HIGH

0.0214 TOP

YEARLY LOW

0.0177 TOP

YEARLY AVERAGE

0.0195 TOP

2015 RSD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RSD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0214. Conversely, the yearly low was recorded on March 11, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0036 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0188 to the December average rate of 0.0201, the exchange rate registered a net change of 6.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0214 was down 4.45% compared to the 2014 peak of 0.0224, 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 107 TOP

2014 Average 107 TOP

Yearly Trough Low 89 TOP

Transaction Impact: A difference of 18.25 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0211

0.0179

JanuMarcMayJulySeptNove

RSD to TOP 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 0.0187, compared to 0.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0187

H2 Avg (Jul–Dec) 0.0203

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0016 TOP (High: 0.0197 / Low: 0.0181). On the other end, November was the most stable month, with a tight range of 0.0007 TOP (High: 0.0202 / Low: 0.0196).

January Spread (Volatile) ±0.0016

November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0011 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 0.0208) against the same month in 2014 (average: 0.0208), the exchange rate shifted by +0.0000 (+0.07%).

2015 Avg (October) 0.0208

2014 Avg (October) 0.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0197	0.0181	0.0188
February	0.0191	0.0182	0.0188
March	0.0186	0.0177	0.0181
April	0.0188	0.0180	0.0182
May	0.0193	0.0183	0.0188
June	0.0201	0.0187	0.0195
July	0.0203	0.0194	0.0198
August	0.0213	0.0202	0.0206
September	0.0213	0.0201	0.0206
October	0.0214	0.0201	0.0208
November	0.0202	0.0196	0.0198
December	0.0204	0.0196	0.0201