2011 AZN to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 AZN to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the AZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 103.9009. Conversely, the yearly low was recorded on May 5, dropping to 84.0252.
This high-to-low spread represents a total annual volatility of 19.8757 RSD. From a start-to-finish perspective, comparing the January average rate of 98.4723 to the December average rate of 99.4461, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 103.9009 was down 3.47% compared to the 2010 peak of 107.6408, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
AZN to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 91.5161, compared to 93.8136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2975 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 8.0109 RSD (High: 103.0779 / Low: 95.0671). On the other end, February was the most stable month, with a tight range of 2.2831 RSD (High: 96.1345 / Low: 93.8514).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.3449 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 99.4461) against the same month in 2010 (average: 100.3626), the exchange rate shifted by -0.9165 (-0.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 103.0779 | 95.0671 | 98.4723 |
| February | 96.1345 | 93.8514 | 95.1010 |
| March | 95.0379 | 91.0554 | 92.8300 |
| April | 91.7544 | 84.6149 | 88.4850 |
| May | 89.2178 | 84.0252 | 86.4247 |
| June | 90.6434 | 84.7149 | 87.7835 |
| July | 93.3608 | 87.8086 | 90.7435 |
| August | 92.1384 | 88.8064 | 90.5719 |
| September | 96.5229 | 89.0752 | 92.9965 |
| October | 97.5997 | 89.6676 | 93.0175 |
| November | 98.9811 | 92.6205 | 96.1059 |
| December | 103.9009 | 97.3243 | 99.4461 |