2015 SVC to RSD Historical Review

YEARLY HIGH

13.1118 RSD

YEARLY LOW

11.3942 RSD

YEARLY AVERAGE

12.4371 RSD

2015 SVC to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SVC to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 13.1118. Conversely, the yearly low was recorded on January 2, dropping to 11.3942.

This high-to-low spread represents a total annual volatility of 1.7176 RSD. From a start-to-finish perspective, comparing the January average rate of 12.0276 to the December average rate of 12.8142, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 13.1118 was up 14.86% compared to the 2014 peak of 11.4155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,559 RSD

2014 Average 50,543 RSD

Yearly Trough Low 56,971 RSD

Transaction Impact: A difference of 8,587.77 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

12.9389

11.9447

JanuMarcMayJulySeptNove

SVC 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 12.3801, compared to 12.4941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1140 points.

H1 Avg (Jan–Jun) 12.3801

H2 Avg (Jul–Dec) 12.4941

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 1.1902 RSD (High: 12.5844 / Low: 11.3942). On the other end, September was the most stable month, with a tight range of 0.2743 RSD (High: 12.3442 / Low: 12.0699).

January Spread (Volatile) ±1.1902

September Spread (Stable) ±0.2743

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3543 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 12.8561) against the same month in 2014 (average: 11.0010), the exchange rate shifted by +1.8551 (+16.86%).

2015 Avg (November) 12.8561

2014 Avg (November) 11.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5844	11.3942	12.0276
February	12.4416	12.0481	12.2093
March	12.9886	12.1646	12.6823
April	12.8767	12.3356	12.7198
May	12.6572	12.0133	12.3654
June	12.5983	12.1230	12.2761
July	12.6702	12.3561	12.4812
August	12.6009	12.0013	12.3534
September	12.3442	12.0699	12.2309
October	12.6042	11.9902	12.2290
November	13.1118	12.5149	12.8561
December	13.1055	12.6676	12.8142