2015 TND to RSD Historical Review

YEARLY HIGH

57.8356 RSD

YEARLY LOW

53.4311 RSD

YEARLY AVERAGE

55.4576 RSD

2015 TND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 57.8356. Conversely, the yearly low was recorded on January 4, dropping to 53.4311.

This high-to-low spread represents a total annual volatility of 4.4045 RSD. From a start-to-finish perspective, comparing the January average rate of 55.1638 to the December average rate of 55.1709, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 57.8356 was up 7.53% compared to the 2014 peak of 53.7852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 289,178 RSD

2014 Average 260,346 RSD

Yearly Trough Low 267,155 RSD

Transaction Impact: A difference of 22,022.55 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

57.0962

54.1423

JanuMarcMayJulySeptNove

TND 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 55.8865, compared to 55.0287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8578 points.

H1 Avg (Jan–Jun) 55.8865

H2 Avg (Jul–Dec) 55.0287

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 3.1313 RSD (High: 56.5624 / Low: 53.4311). On the other end, November was the most stable month, with a tight range of 0.7394 RSD (High: 55.4991 / Low: 54.7598).

January Spread (Volatile) ±3.1313

November Spread (Stable) ±0.7394

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 0.9765 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 56.6777) against the same month in 2014 (average: 53.0713), the exchange rate shifted by +3.6063 (+6.80%).

2015 Avg (March) 56.6777

2014 Avg (March) 53.0713

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.5624	53.4311	55.1638
February	56.4194	54.7439	55.3619
March	57.8356	55.1103	56.6777
April	57.2451	56.1162	56.8501
May	56.4368	55.0823	55.8735
June	56.0518	55.1161	55.3919
July	56.0029	55.2158	55.5292
August	55.8293	54.5789	55.2367
September	55.0182	54.2136	54.6029
October	54.9522	53.9563	54.3885
November	55.4991	54.7598	55.2442
December	55.5562	54.7361	55.1709