2012 BND to RSD Historical Review

YEARLY HIGH

77.7278 RSD

YEARLY LOW

62.7057 RSD

YEARLY AVERAGE

70.3587 RSD

2012 BND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 77.7278. Conversely, the yearly low was recorded on January 2, dropping to 62.7057.

This high-to-low spread represents a total annual volatility of 15.0222 RSD. From a start-to-finish perspective, comparing the January average rate of 63.5785 to the December average rate of 70.8082, the exchange rate registered a net change of 11.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 77.7278 was up 22.83% compared to the 2011 peak of 63.2804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 388,639 RSD

2011 Average 290,819 RSD

Yearly Trough Low 313,528 RSD

Transaction Impact: A difference of 75,110.79 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

77.4698

62.3157

JanuMarcMayJulySeptNove

BND 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 67.5377, compared to 73.1797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6419 points.

H1 Avg (Jan–Jun) 67.5377

H2 Avg (Jul–Dec) 73.1797

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 5.5275 RSD (High: 77.7278 / Low: 72.2003). On the other end, March was the most stable month, with a tight range of 1.0780 RSD (High: 67.2428 / Low: 66.1648).

July Spread (Volatile) ±5.5275

March Spread (Stable) ±1.0780

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 August and September, when the average rate fell by 2.8428 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -2.8428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 75.1506) against the same month in 2011 (average: 58.6330), the exchange rate shifted by +16.5176 (+28.17%).

2012 Avg (July) 75.1506

2011 Avg (July) 58.6330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	64.3036	62.7057	63.5785
February	66.1239	64.1031	65.1754
March	67.2428	66.1648	66.5974
April	68.2262	66.2501	67.6533
May	73.5868	68.2553	70.1275
June	73.4340	70.8290	72.0942
July	77.7278	72.2003	75.1506
August	77.6133	74.8707	76.2070
September	75.5443	71.6827	73.3642
October	72.8484	69.9957	71.6591
November	72.5466	70.6600	71.8890
December	72.2155	69.8334	70.8082