2011 AOA to RSD Historical Review

YEARLY HIGH

0.8872 RSD

YEARLY LOW

0.7140 RSD

YEARLY AVERAGE

0.7817 RSD

2011 AOA to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.8872. Conversely, the yearly low was recorded on May 5, dropping to 0.7140.

This high-to-low spread represents a total annual volatility of 0.1732 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8465 to the December average rate of 0.8243, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8872 was down 5.02% compared to the 2010 peak of 0.9341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,436 RSD

2010 Average 4,232 RSD

Yearly Trough Low 3,570 RSD

Transaction Impact: A difference of 865.99 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8578

0.7221

JanuMarcMayJulySeptNove

AOA 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 0.7799, compared to 0.7836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.7799

H2 Avg (Jul–Dec) 0.7836

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0725 RSD (High: 0.8872 / Low: 0.8147). On the other end, February was the most stable month, with a tight range of 0.0206 RSD (High: 0.8220 / Low: 0.8014).

January Spread (Volatile) ±0.0725

February Spread (Stable) ±0.0206

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0387 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.8465) against the same month in 2010 (average: 0.7566), the exchange rate shifted by +0.0899 (+11.88%).

2011 Avg (January) 0.8465

2010 Avg (January) 0.7566

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8872	0.8147	0.8465
February	0.8220	0.8014	0.8127
March	0.8105	0.7759	0.7913
April	0.7812	0.7194	0.7526
May	0.7559	0.7140	0.7334
June	0.7664	0.7180	0.7429
July	0.7883	0.7418	0.7663
August	0.7779	0.7489	0.7645
September	0.8043	0.7511	0.7783
October	0.8124	0.7430	0.7721
November	0.8194	0.7673	0.7957
December	0.8619	0.8057	0.8243