2013 ARS to RSD Historical Review

YEARLY HIGH

17.4629 RSD

YEARLY LOW

12.7519 RSD

YEARLY AVERAGE

15.6443 RSD

2013 ARS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 17.4629. Conversely, the yearly low was recorded on December 30, dropping to 12.7519.

This high-to-low spread represents a total annual volatility of 4.7109 RSD. From a start-to-finish perspective, comparing the January average rate of 17.0235 to the December average rate of 13.2250, the exchange rate registered a net change of -22.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 17.4629 was down 18.34% compared to the 2012 peak of 21.3848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87,314 RSD

2012 Average 96,720 RSD

Yearly Trough Low 63,760 RSD

Transaction Impact: A difference of 23,554.71 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

17.4034

12.8451

JanuMarcMayJulySeptNove

ARS 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 16.6306, compared to 14.6579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9728 points.

H1 Avg (Jan–Jun) 16.6306

H2 Avg (Jul–Dec) 14.6579

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.9708 RSD (High: 17.4629 / Low: 16.4920). On the other end, May was the most stable month, with a tight range of 0.2779 RSD (High: 16.4533 / Low: 16.1753).

January Spread (Volatile) ±0.9708

May Spread (Stable) ±0.2779

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8385 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 17.0235) against the same month in 2012 (average: 18.8366), the exchange rate shifted by -1.8131 (-9.63%).

2013 Avg (January) 17.0235

2012 Avg (January) 18.8366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.4629	16.4920	17.0235
February	16.8813	16.3155	16.6430
March	17.0852	16.7412	16.9388
April	17.0415	16.2672	16.6213
May	16.4533	16.1753	16.3281
June	16.4203	15.9497	16.2293
July	16.4531	15.5673	16.0123
August	15.6241	15.1450	15.3499
September	15.3279	14.6411	14.9789
October	14.6227	14.0488	14.3176
November	14.3307	13.6770	14.0634
December	13.6928	12.7519	13.2250