2013 BGN to RSD Historical Review

YEARLY HIGH

58.8180 RSD

YEARLY LOW

56.4075 RSD

YEARLY AVERAGE

57.7706 RSD

2013 BGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 58.8180. Conversely, the yearly low was recorded on May 1, dropping to 56.4075.

This high-to-low spread represents a total annual volatility of 2.4105 RSD. From a start-to-finish perspective, comparing the January average rate of 57.1966 to the December average rate of 58.6055, the exchange rate registered a net change of 2.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 58.8180 was down 3.63% compared to the 2012 peak of 61.0335, 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 294,090 RSD

2012 Average 288,340 RSD

Yearly Trough Low 282,038 RSD

Transaction Impact: A difference of 12,052.49 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

58.7987

56.4797

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 57.1756, compared to 58.3657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1902 points.

H1 Avg (Jan–Jun) 57.1756

H2 Avg (Jul–Dec) 58.3657

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.1481 RSD (High: 58.7335 / Low: 57.5854). On the other end, November was the most stable month, with a tight range of 0.2580 RSD (High: 58.3861 / Low: 58.1282).

June Spread (Volatile) ±1.1481

November Spread (Stable) ±0.2580

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.2990 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2990

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 58.5724) against the same month in 2012 (average: 59.3220), the exchange rate shifted by -0.7496 (-1.26%).

2013 Avg (September) 58.5724

2012 Avg (September) 59.3220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.5397	56.8621	57.1966
February	57.2430	56.6340	56.8977
March	57.4770	56.8229	57.0805
April	57.2128	56.4303	56.9542
May	57.4336	56.4075	56.6729
June	58.7335	57.5854	58.2514
July	58.4408	57.9860	58.1800
August	58.4914	58.0924	58.2614
September	58.8180	58.3685	58.5724
October	58.5592	57.5975	58.3040
November	58.3861	58.1282	58.2710
December	58.7641	58.2557	58.6055