2011 BHD to RSD Historical Review

YEARLY HIGH

218.1992 RSD

YEARLY LOW

176.4052 RSD

YEARLY AVERAGE

194.2454 RSD

2011 BHD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BHD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 218.1992. Conversely, the yearly low was recorded on May 5, dropping to 176.4052.

This high-to-low spread represents a total annual volatility of 41.7940 RSD. From a start-to-finish perspective, comparing the January average rate of 208.4360 to the December average rate of 207.5990, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 218.1992 was down 5.05% compared to the 2010 peak of 229.8041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,090,996 RSD

2010 Average 1,031,687 RSD

Yearly Trough Low 882,026 RSD

Transaction Impact: A difference of 208,970.16 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

211.1440

178.6489

JanuMarcMayJulySeptNove

BHD 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 192.6088, compared to 195.8819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2732 points.

H1 Avg (Jan–Jun) 192.6088

H2 Avg (Jul–Dec) 195.8819

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 17.0680 RSD (High: 218.1992 / Low: 201.1313). On the other end, February was the most stable month, with a tight range of 5.0429 RSD (High: 202.9681 / Low: 197.9252).

January Spread (Volatile) ±17.0680

February Spread (Stable) ±5.0429

Growth Streaks & Declines

Trends

Between 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 9.4816 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.4816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 208.4360) against the same month in 2010 (average: 180.4162), the exchange rate shifted by +28.0198 (+15.53%).

2011 Avg (January) 208.4360

2010 Avg (January) 180.4162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	218.1992	201.1313	208.4360
February	202.9681	197.9252	200.7471
March	200.2466	191.7102	195.4835
April	193.0263	177.7944	186.0020
May	187.2489	176.4052	181.3568
June	189.5101	177.4545	183.6272
July	194.8842	183.3855	189.4813
August	192.2416	185.4116	189.1204
September	201.6178	185.9721	194.1551
October	203.8249	187.1533	194.2654
November	206.5319	193.4713	200.6704
December	216.9522	203.1515	207.5990