2014 TWD to RSD Historical Review

YEARLY HIGH

3.1716 RSD

YEARLY LOW

2.7292 RSD

YEARLY AVERAGE

2.9148 RSD

2014 TWD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TWD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 3.1716. Conversely, the yearly low was recorded on March 30, dropping to 2.7292.

This high-to-low spread represents a total annual volatility of 0.4424 RSD. From a start-to-finish perspective, comparing the January average rate of 2.8093 to the December average rate of 3.1418, the exchange rate registered a net change of 11.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.1716 was up 6.95% compared to the 2013 peak of 2.9654, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,858 RSD

2013 Average 14,335 RSD

Yearly Trough Low 13,646 RSD

Transaction Impact: A difference of 2,212.23 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.1807

2.7131

JanuMarcMayJulySeptNove

TWD 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 2.7921, compared to 3.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2454 points.

H1 Avg (Jan–Jun) 2.7921

H2 Avg (Jul–Dec) 3.0376

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.1001 RSD (High: 2.9994 / Low: 2.8993). On the other end, June was the most stable month, with a tight range of 0.0236 RSD (High: 2.8427 / Low: 2.8192).

August Spread (Volatile) ±0.1001

June Spread (Stable) ±0.0236

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 0.0454 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 3.1418) against the same month in 2013 (average: 2.8129), the exchange rate shifted by +0.3289 (+11.69%).

2014 Avg (December) 3.1418

2013 Avg (December) 2.8129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8298	2.7864	2.8093
February	2.8284	2.7738	2.7975
March	2.7854	2.7292	2.7520
April	2.7859	2.7565	2.7686
May	2.8309	2.7550	2.7938
June	2.8427	2.8192	2.8315
July	2.9066	2.8314	2.8643
August	2.9994	2.8993	2.9390
September	3.0891	3.0026	3.0550
October	3.1148	3.0721	3.0958
November	3.1604	3.0967	3.1294
December	3.1716	3.1082	3.1418