2015 TOP to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 TOP to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the TOP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 56.4648. Conversely, the yearly low was recorded on October 14, dropping to 46.8167.
This high-to-low spread represents a total annual volatility of 9.6481 RSD. From a start-to-finish perspective, comparing the January average rate of 53.1578 to the December average rate of 49.8380, the exchange rate registered a net change of -6.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 56.4648 was up 11.12% compared to the 2014 peak of 50.8147, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
TOP to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 53.5119, compared to 49.3337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1782 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was January, with a trading range of 4.4792 RSD (High: 55.3393 / Low: 50.8601). On the other end, November was the most stable month, with a tight range of 1.6543 RSD (High: 51.0963 / Low: 49.4419).
Growth Streaks & Declines
TrendsBetween January and March, 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 July and August, when the average rate fell by 1.9415 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2015: 55.1306) against the same month in 2014 (average: 45.0906), the exchange rate shifted by +10.0400 (+22.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 55.3393 | 50.8601 | 53.1578 |
| February | 55.0145 | 52.4547 | 53.2252 |
| March | 56.4648 | 53.8263 | 55.1306 |
| April | 55.5758 | 53.0776 | 54.8289 |
| May | 54.7084 | 51.9439 | 53.3125 |
| June | 53.5785 | 49.6609 | 51.4167 |
| July | 51.6167 | 49.2051 | 50.5202 |
| August | 49.5922 | 46.9058 | 48.5787 |
| September | 49.8682 | 47.0346 | 48.5155 |
| October | 49.7777 | 46.8167 | 47.9889 |
| November | 51.0963 | 49.4419 | 50.5612 |
| December | 51.0255 | 48.9351 | 49.8380 |