2014 RUB to RSD Historical Review

YEARLY HIGH

2.5529 RSD

YEARLY LOW

1.4296 RSD

YEARLY AVERAGE

2.3284 RSD

2014 RUB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RUB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.5529. Conversely, the yearly low was recorded on December 16, dropping to 1.4296.

This high-to-low spread represents a total annual volatility of 1.1233 RSD. From a start-to-finish perspective, comparing the January average rate of 2.5145 to the December average rate of 1.7624, the exchange rate registered a net change of -29.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5529 was down 10.00% compared to the 2013 peak of 2.8365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RUB based on timing:

Yearly Peak High 12,764 RSD

2013 Average 13,374 RSD

Yearly Trough Low 7,148 RSD

Transaction Impact: A difference of 5,616.59 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5897

1.6872

JanuMarcMayJulySeptNove

RUB to RSD 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 2.4112, compared to 2.2455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1657 points.

H1 Avg (Jan–Jun) 2.4112

H2 Avg (Jul–Dec) 2.2455

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.5025 RSD (High: 1.9321 / Low: 1.4296). On the other end, August was the most stable month, with a tight range of 0.0614 RSD (High: 2.4752 / Low: 2.4138).

December Spread (Volatile) ±0.5025

August Spread (Stable) ±0.0614

Growth Streaks & Declines

Trends

Between March and July, 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 0.3139 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.5145) against the same month in 2013 (average: 2.7853), the exchange rate shifted by -0.2708 (-9.72%).

2014 Avg (January) 2.5145

2013 Avg (January) 2.7853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5529	2.4218	2.5145
February	2.4615	2.3346	2.4070
March	2.3776	2.2765	2.3148
April	2.3895	2.3097	2.3456
May	2.4854	2.3261	2.4141
June	2.5193	2.4196	2.4714
July	2.5041	2.4303	2.4718
August	2.4752	2.4138	2.4369
September	2.4910	2.3431	2.4221
October	2.3748	2.1975	2.3035
November	2.2073	1.9382	2.0762
December	1.9321	1.4296	1.7624