2014 TTD to RSD Historical Review

YEARLY HIGH

15.7187 RSD

YEARLY LOW

12.8946 RSD

YEARLY AVERAGE

13.8628 RSD

2014 TTD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TTD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 15.7187. Conversely, the yearly low was recorded on April 13, dropping to 12.8946.

This high-to-low spread represents a total annual volatility of 2.8241 RSD. From a start-to-finish perspective, comparing the January average rate of 13.2294 to the December average rate of 15.5164, the exchange rate registered a net change of 17.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 15.7187 was up 13.58% compared to the 2013 peak of 13.8387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,593 RSD

2013 Average 66,442 RSD

Yearly Trough Low 64,473 RSD

Transaction Impact: A difference of 14,120.39 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

15.7694

12.7332

JanuMarcMayJulySeptNove

TTD 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 13.1505, compared to 14.5750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4245 points.

H1 Avg (Jan–Jun) 13.1505

H2 Avg (Jul–Dec) 14.5750

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.6194 RSD (High: 14.7498 / Low: 14.1304). On the other end, April was the most stable month, with a tight range of 0.1912 RSD (High: 13.0858 / Low: 12.8946).

September Spread (Volatile) ±0.6194

April Spread (Stable) ±0.1912

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1389 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 15.5164) against the same month in 2013 (average: 13.0719), the exchange rate shifted by +2.4445 (+18.70%).

2014 Avg (December) 15.5164

2013 Avg (December) 13.0719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3956	12.9911	13.2294
February	13.4032	13.1477	13.2571
March	13.2482	13.0369	13.1182
April	13.0858	12.8946	12.9862
May	13.1876	12.9038	13.0758
June	13.3557	13.1510	13.2364
July	13.7422	13.2740	13.5031
August	14.1307	13.7245	13.9014
September	14.7498	14.1304	14.5067
October	14.9300	14.7315	14.8437
November	15.3024	14.9565	15.1789
December	15.7187	15.2785	15.5164