2013 AOA to RSD Historical Review

YEARLY HIGH

0.9230 RSD

YEARLY LOW

0.8451 RSD

YEARLY AVERAGE

0.8825 RSD

2013 AOA to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AOA to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.9230. Conversely, the yearly low was recorded on October 21, dropping to 0.8451.

This high-to-low spread represents a total annual volatility of 0.0779 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8782 to the December average rate of 0.8579, the exchange rate registered a net change of -2.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9230 was down 9.91% compared to the 2012 peak of 1.0246, 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 4,615 RSD

2012 Average 4,605 RSD

Yearly Trough Low 4,226 RSD

Transaction Impact: A difference of 389.26 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9085

0.8533

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 0.8871, compared to 0.8778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.8871

H2 Avg (Jul–Dec) 0.8778

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.0416 RSD (High: 0.8971 / Low: 0.8556). On the other end, December was the most stable month, with a tight range of 0.0135 RSD (High: 0.8654 / Low: 0.8519).

January Spread (Volatile) ±0.0416

December Spread (Stable) ±0.0135

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 September and October, when the average rate fell by 0.0281 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2013: 0.9039) against the same month in 2012 (average: 0.9806), the exchange rate shifted by -0.0767 (-7.82%).

2013 Avg (July) 0.9039

2012 Avg (July) 0.9806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8971	0.8556	0.8782
February	0.8873	0.8467	0.8686
March	0.9115	0.8880	0.8965
April	0.9081	0.8778	0.8915
May	0.8987	0.8752	0.8892
June	0.9114	0.8843	0.8987
July	0.9230	0.8924	0.9039
August	0.9013	0.8832	0.8894
September	0.9064	0.8689	0.8874
October	0.8689	0.8451	0.8592
November	0.8816	0.8615	0.8692
December	0.8654	0.8519	0.8579