2012 BGN to RSD Historical Review

YEARLY HIGH

61.0335 RSD

YEARLY LOW

52.9532 RSD

YEARLY AVERAGE

57.6604 RSD

2012 BGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 61.0335. Conversely, the yearly low was recorded on January 11, dropping to 52.9532.

This high-to-low spread represents a total annual volatility of 8.0804 RSD. From a start-to-finish perspective, comparing the January average rate of 53.6127 to the December average rate of 57.9281, the exchange rate registered a net change of 8.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 61.0335 was up 12.28% compared to the 2011 peak of 54.3588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 305,168 RSD

2011 Average 259,839 RSD

Yearly Trough Low 264,766 RSD

Transaction Impact: A difference of 40,401.88 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

60.8784

52.9521

JanuMarcMayJulySeptNove

BGN 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 56.5179, compared to 58.8029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2850 points.

H1 Avg (Jan–Jun) 56.5179

H2 Avg (Jul–Dec) 58.8029

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 3.3023 RSD (High: 60.0494 / Low: 56.7471). On the other end, March was the most stable month, with a tight range of 0.5104 RSD (High: 56.7866 / Low: 56.2762).

May Spread (Volatile) ±3.3023

March Spread (Stable) ±0.5104

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 September and October, when the average rate fell by 1.1678 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.1678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 60.2179) against the same month in 2011 (average: 52.1596), the exchange rate shifted by +8.0582 (+15.45%).

2012 Avg (August) 60.2179

2011 Avg (August) 52.1596

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.1107	52.9532	53.6127
February	56.7254	53.4542	55.2080
March	56.7866	56.2762	56.5109
April	57.1223	56.5505	56.8896
May	60.0494	56.7471	57.9711
June	60.0313	58.0089	58.9149
July	60.6476	58.6511	59.5278
August	61.0335	59.7118	60.2179
September	60.4805	58.6248	59.3220
October	59.1785	56.9164	58.1542
November	58.3534	57.1997	57.6675
December	58.3237	57.5482	57.9281