2012 AOA to RSD Historical Review

YEARLY HIGH

1.0246 RSD

YEARLY LOW

0.8421 RSD

YEARLY AVERAGE

0.9209 RSD

2012 AOA to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AOA to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1.0246. Conversely, the yearly low was recorded on February 2, dropping to 0.8421.

This high-to-low spread represents a total annual volatility of 0.1825 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8564 to the December average rate of 0.9020, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0246 was up 15.48% compared to the 2011 peak of 0.8872, 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 5,123 RSD

2011 Average 3,908 RSD

Yearly Trough Low 4,210 RSD

Transaction Impact: A difference of 912.45 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0105

0.8424

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 0.8977, compared to 0.9440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0462 points.

H1 Avg (Jan–Jun) 0.8977

H2 Avg (Jul–Dec) 0.9440

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1088 RSD (High: 0.9952 / Low: 0.8864). On the other end, April was the most stable month, with a tight range of 0.0204 RSD (High: 0.8954 / Low: 0.8750).

May Spread (Volatile) ±0.1088

April Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0504 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.9806) against the same month in 2011 (average: 0.7663), the exchange rate shifted by +0.2143 (+27.97%).

2012 Avg (July) 0.9806

2011 Avg (July) 0.7663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8685	0.8446	0.8564
February	0.8715	0.8421	0.8603
March	0.8940	0.8725	0.8819
April	0.8954	0.8750	0.8895
May	0.9952	0.8864	0.9305
June	0.9932	0.9500	0.9677
July	1.0246	0.9466	0.9806
August	1.0187	0.9806	0.9965
September	0.9855	0.9222	0.9461
October	0.9389	0.8932	0.9184
November	0.9282	0.9019	0.9201
December	0.9201	0.8904	0.9020