2014 SGD to RSD Historical Review

YEARLY HIGH

75.6693 RSD

YEARLY LOW

65.7787 RSD

YEARLY AVERAGE

69.7555 RSD

2014 SGD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SGD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 75.6693. Conversely, the yearly low was recorded on March 21, dropping to 65.7787.

This high-to-low spread represents a total annual volatility of 9.8906 RSD. From a start-to-finish perspective, comparing the January average rate of 66.5987 to the December average rate of 74.9892, the exchange rate registered a net change of 12.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 75.6693 was up 7.40% compared to the 2013 peak of 70.4581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 378,346 RSD

2013 Average 340,296 RSD

Yearly Trough Low 328,894 RSD

Transaction Impact: A difference of 49,452.97 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

75.8837

65.1494

JanuMarcMayJulySeptNove

SGD 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 66.9152, compared to 72.5958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6806 points.

H1 Avg (Jan–Jun) 66.9152

H2 Avg (Jul–Dec) 72.5958

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 2.1247 RSD (High: 70.0790 / Low: 67.9543). On the other end, April was the most stable month, with a tight range of 0.4989 RSD (High: 66.9371 / Low: 66.4382).

July Spread (Volatile) ±2.1247

April Spread (Stable) ±0.4989

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9481 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.9481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 74.9892) against the same month in 2013 (average: 66.4996), the exchange rate shifted by +8.4896 (+12.77%).

2014 Avg (December) 74.9892

2013 Avg (December) 66.4996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	67.2096	65.9205	66.5987
February	67.6009	66.3607	66.9920
March	66.5740	65.7787	66.0439
April	66.9371	66.4382	66.6832
May	67.7636	66.5063	67.2724
June	68.2746	67.5335	67.9009
July	70.0790	67.9543	69.0640
August	71.8776	69.8373	70.6104
September	73.5452	71.7525	72.8504
October	74.1665	73.2900	73.8223
November	75.0198	73.5219	74.2384
December	75.6693	74.1528	74.9892