2013 BND to RSD Historical Review

YEARLY HIGH

70.4636 RSD

YEARLY LOW

65.4600 RSD

YEARLY AVERAGE

68.0694 RSD

2013 BND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 70.4636. Conversely, the yearly low was recorded on December 29, dropping to 65.4600.

This high-to-low spread represents a total annual volatility of 5.0036 RSD. From a start-to-finish perspective, comparing the January average rate of 68.6276 to the December average rate of 66.4844, the exchange rate registered a net change of -3.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 70.4636 was down 9.35% compared to the 2012 peak of 77.7278, 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 352,318 RSD

2012 Average 351,886 RSD

Yearly Trough Low 327,300 RSD

Transaction Impact: A difference of 25,018.04 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

69.4460

66.2152

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 68.5513, compared to 67.5875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9638 points.

H1 Avg (Jan–Jun) 68.5513

H2 Avg (Jul–Dec) 67.5875

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 3.8086 RSD (High: 70.2178 / Low: 66.4092). On the other end, September was the most stable month, with a tight range of 0.9958 RSD (High: 68.5293 / Low: 67.5335).

January Spread (Volatile) ±3.8086

September Spread (Stable) ±0.9958

Growth Streaks & Declines

Trends

Between February and April, 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 1.3692 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3692

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 69.1453) against the same month in 2012 (average: 66.5974), the exchange rate shifted by +2.5478 (+3.83%).

2013 Avg (March) 69.1453

2012 Avg (March) 66.5974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	70.2178	66.4092	68.6276
February	68.6703	65.5030	67.2584
March	70.4636	68.4716	69.1453
April	70.3765	68.4988	69.1768
May	69.0839	67.7629	68.4509
June	69.4740	67.6694	68.6491
July	69.5281	67.4487	68.6822
August	67.8528	66.6258	67.3266
September	68.5293	67.5335	67.9614
October	67.8416	66.4480	67.2992
November	68.5287	66.8306	67.7713
December	67.3166	65.4600	66.4844