2014 WST to RSD Historical Review

YEARLY HIGH

41.6247 RSD

YEARLY LOW

35.7781 RSD

YEARLY AVERAGE

37.8602 RSD

2014 WST to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the WST to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 41.6247. Conversely, the yearly low was recorded on March 18, dropping to 35.7781.

This high-to-low spread represents a total annual volatility of 5.8466 RSD. From a start-to-finish perspective, comparing the January average rate of 36.3522 to the December average rate of 41.1018, the exchange rate registered a net change of 13.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 41.6247 was up 9.29% compared to the 2013 peak of 38.0881, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208,123 RSD

2013 Average 184,073 RSD

Yearly Trough Low 178,890 RSD

Transaction Impact: A difference of 29,233.07 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

41.6077

35.5378

JanuMarcMayJulySeptNove

WST 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 36.4675, compared to 39.2528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7853 points.

H1 Avg (Jan–Jun) 36.4675

H2 Avg (Jul–Dec) 39.2528

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.2406 RSD (High: 41.6247 / Low: 40.3840). On the other end, April was the most stable month, with a tight range of 0.4127 RSD (High: 36.5682 / Low: 36.1555).

December Spread (Volatile) ±1.2406

April Spread (Stable) ±0.4127

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 0.2514 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.2514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 41.1018) against the same month in 2013 (average: 36.0394), the exchange rate shifted by +5.0625 (+14.05%).

2014 Avg (December) 41.1018

2013 Avg (December) 36.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.7496	35.8138	36.3522
February	36.6777	35.9914	36.2951
March	36.4303	35.7781	36.0437
April	36.5682	36.1555	36.4101
May	37.2142	36.2791	36.8053
June	37.0988	36.5856	36.8989
July	37.8179	36.9524	37.3882
August	38.8712	37.6808	38.1411
September	39.7821	38.6722	39.2579
October	40.0338	39.0697	39.5587
November	40.5211	39.2888	40.0691
December	41.6247	40.3840	41.1018