YEARLY HIGH
2.2406 RSD
YEARLY LOW
1.8523 RSD
YEARLY AVERAGE
1.9916 RSD

2014 PHP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PHP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 2.2406. Conversely, the yearly low was recorded on March 22, dropping to 1.8523.

This high-to-low spread represents a total annual volatility of 0.3882 RSD. From a start-to-finish perspective, comparing the January average rate of 1.8843 to the December average rate of 2.2096, the exchange rate registered a net change of 17.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2406 was up 4.65% compared to the 2013 peak of 2.1411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 560,142 RSD
2013 Average 501,852 RSD
Yearly Trough Low 463,083 RSD
Transaction Impact: A difference of 97,059.07 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2437
1.8351
JanuMarcMayJulySeptNove

PHP 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 1.8965, compared to 2.0868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1903 points.

H1 Avg (Jan–Jun) 1.8965
H2 Avg (Jul–Dec) 2.0868

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0821 RSD (High: 2.2406 / Low: 2.1585). On the other end, April was the most stable month, with a tight range of 0.0171 RSD (High: 1.8839 / Low: 1.8667).

December Spread (Volatile) ±0.0821
April Spread (Stable) ±0.0171

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 0.0222 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.2096) against the same month in 2013 (average: 1.8952), the exchange rate shifted by +0.3145 (+16.59%).

2014 Avg (December) 2.2096
2013 Avg (December) 1.8952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8970 1.8627 1.8843
February 1.9029 1.8836 1.8914
March 1.8883 1.8523 1.8692
April 1.8839 1.8667 1.8759
May 1.9451 1.8723 1.9184
June 1.9496 1.9293 1.9396
July 2.0076 1.9406 1.9744
August 2.0566 1.9848 2.0134
September 2.1145 2.0603 2.0831
October 2.1148 2.0791 2.1007
November 2.1582 2.1119 2.1395
December 2.2406 2.1585 2.2096