2015 SAR to RSD Historical Review

YEARLY HIGH

30.5391 RSD

YEARLY LOW

26.7241 RSD

YEARLY AVERAGE

28.9970 RSD

2015 SAR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 30.5391. Conversely, the yearly low was recorded on January 2, dropping to 26.7241.

This high-to-low spread represents a total annual volatility of 3.8150 RSD. From a start-to-finish perspective, comparing the January average rate of 28.0466 to the December average rate of 29.7912, the exchange rate registered a net change of 6.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 30.5391 was up 14.43% compared to the 2014 peak of 26.6882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152,696 RSD

2014 Average 117,911 RSD

Yearly Trough Low 133,621 RSD

Transaction Impact: A difference of 19,074.89 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

30.1723

27.8533

JanuMarcMayJulySeptNove

SAR 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 28.8709, compared to 29.1231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2522 points.

H1 Avg (Jan–Jun) 28.8709

H2 Avg (Jul–Dec) 29.1231

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 2.4726 RSD (High: 29.1967 / Low: 26.7241). On the other end, September was the most stable month, with a tight range of 0.6632 RSD (High: 28.7955 / Low: 28.1323).

January Spread (Volatile) ±2.4726

September Spread (Stable) ±0.6632

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.8111 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 29.7912) against the same month in 2014 (average: 26.3031), the exchange rate shifted by +3.4881 (+13.26%).

2015 Avg (December) 29.7912

2014 Avg (December) 26.3031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.1967	26.7241	28.0466
February	29.0245	28.1551	28.4880
March	30.3692	28.6418	29.6358
April	30.0146	28.6403	29.6134
May	29.5635	28.0583	28.8023
June	29.4056	28.3194	28.6391
July	29.5445	28.7320	29.1155
August	29.3779	27.7990	28.7916
September	28.7955	28.1323	28.5176
October	29.3671	27.9523	28.5436
November	30.5342	29.1488	29.9791
December	30.5391	29.4940	29.7912