YEARLY HIGH
9.6213 RSD
YEARLY LOW
7.0475 RSD
YEARLY AVERAGE
8.5705 RSD

2015 SZL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SZL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 9.6213. Conversely, the yearly low was recorded on December 12, dropping to 7.0475.

This high-to-low spread represents a total annual volatility of 2.5738 RSD. From a start-to-finish perspective, comparing the January average rate of 9.1093 to the December average rate of 7.4365, the exchange rate registered a net change of -18.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 9.6213 was up 8.65% compared to the 2014 peak of 8.8555, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,107 RSD
2014 Average 40,749 RSD
Yearly Trough Low 35,238 RSD
Transaction Impact: A difference of 12,868.80 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

9.4411
7.2543
JanuMarcMayJulySeptNove

SZL 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 9.0914, compared to 8.0497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0417 points.

H1 Avg (Jan–Jun) 9.0914
H2 Avg (Jul–Dec) 8.0497

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 1.0558 RSD (High: 9.6213 / Low: 8.5655). On the other end, March was the most stable month, with a tight range of 0.1903 RSD (High: 9.3078 / Low: 9.1175).

January Spread (Volatile) ±1.0558
March Spread (Stable) ±0.1903

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.5422 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 9.1093) against the same month in 2014 (average: 7.8077), the exchange rate shifted by +1.3016 (+16.67%).

2015 Avg (January) 9.1093
2014 Avg (January) 7.8077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.6213 8.5655 9.1093
February 9.4084 9.0894 9.2218
March 9.3078 9.1175 9.2014
April 9.4088 9.0357 9.2589
May 9.2182 8.8792 9.0262
June 9.0075 8.5749 8.7308
July 8.9685 8.5981 8.7713
August 8.6829 7.9112 8.3785
September 8.0059 7.6043 7.8363
October 8.0704 7.6858 7.9283
November 8.1054 7.7826 7.9471
December 7.9736 7.0475 7.4365