2015 SBD to RSD Historical Review

YEARLY HIGH

14.6096 RSD

YEARLY LOW

13.0910 RSD

YEARLY AVERAGE

13.8439 RSD

2015 SBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 14.6096. Conversely, the yearly low was recorded on August 24, dropping to 13.0910.

This high-to-low spread represents a total annual volatility of 1.5186 RSD. From a start-to-finish perspective, comparing the January average rate of 13.8463 to the December average rate of 13.8041, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 14.6096 was up 10.42% compared to the 2014 peak of 13.2310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,048 RSD

2014 Average 60,459 RSD

Yearly Trough Low 65,455 RSD

Transaction Impact: A difference of 7,593.05 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

14.4194

13.3342

JanuMarcMayJulySeptNove

SBD 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 13.9991, compared to 13.6887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3104 points.

H1 Avg (Jan–Jun) 13.9991

H2 Avg (Jul–Dec) 13.6887

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 1.2586 RSD (High: 14.4013 / Low: 13.1427). On the other end, September was the most stable month, with a tight range of 0.3760 RSD (High: 13.6070 / Low: 13.2310).

January Spread (Volatile) ±1.2586

September Spread (Stable) ±0.3760

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 May and June, when the average rate fell by 0.3313 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 14.3290) against the same month in 2014 (average: 11.5162), the exchange rate shifted by +2.8128 (+24.42%).

2015 Avg (March) 14.3290

2014 Avg (March) 11.5162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.4013	13.1427	13.8463
February	14.2797	13.6171	13.8548
March	14.6096	13.9802	14.3290
April	14.5472	13.9578	14.3095
May	14.4374	13.6745	13.9931
June	14.2307	13.4897	13.6618
July	14.0419	13.6324	13.8127
August	13.8813	13.0910	13.5484
September	13.6070	13.2310	13.4246
October	13.9254	13.0941	13.4451
November	14.3239	13.8218	14.0971
December	14.2438	13.5739	13.8041