2014 YER to RSD Historical Review

YEARLY HIGH

0.4659 RSD

YEARLY LOW

0.3861 RSD

YEARLY AVERAGE

0.4113 RSD

2014 YER to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the YER to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4659. Conversely, the yearly low was recorded on May 6, dropping to 0.3861.

This high-to-low spread represents a total annual volatility of 0.0798 RSD. From a start-to-finish perspective, comparing the January average rate of 0.3940 to the December average rate of 0.4592, the exchange rate registered a net change of 16.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4659 was up 12.62% compared to the 2013 peak of 0.4137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,329 RSD

2013 Average 1,980 RSD

Yearly Trough Low 1,931 RSD

Transaction Impact: A difference of 398.77 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4662

0.3823

JanuMarcMayJulySeptNove

YER 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 0.3923, compared to 0.4304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 0.3923

H2 Avg (Jul–Dec) 0.4304

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0183 RSD (High: 0.4359 / Low: 0.4176). On the other end, June was the most stable month, with a tight range of 0.0028 RSD (High: 0.3966 / Low: 0.3938).

September Spread (Volatile) ±0.0183

June Spread (Stable) ±0.0028

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 0.0053 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4592) against the same month in 2013 (average: 0.3894), the exchange rate shifted by +0.0698 (+17.92%).

2014 Avg (December) 0.4592

2013 Avg (December) 0.3894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3989	0.3874	0.3940
February	0.3995	0.3912	0.3946
March	0.3928	0.3868	0.3893
April	0.3929	0.3869	0.3893
May	0.3955	0.3861	0.3917
June	0.3966	0.3938	0.3951
July	0.4059	0.3938	0.3994
August	0.4177	0.4049	0.4101
September	0.4359	0.4176	0.4282
October	0.4421	0.4340	0.4378
November	0.4512	0.4413	0.4474
December	0.4659	0.4503	0.4592