2011 BOB to RSD Historical Review

YEARLY HIGH

11.8651 RSD

YEARLY LOW

9.4776 RSD

YEARLY AVERAGE

10.4970 RSD

2011 BOB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BOB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.8651. Conversely, the yearly low was recorded on May 5, dropping to 9.4776.

This high-to-low spread represents a total annual volatility of 2.3875 RSD. From a start-to-finish perspective, comparing the January average rate of 11.2295 to the December average rate of 11.3374, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.8651 was down 3.65% compared to the 2010 peak of 12.3140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,325 RSD

2010 Average 55,414 RSD

Yearly Trough Low 47,388 RSD

Transaction Impact: A difference of 11,937.30 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.4941

9.6137

JanuMarcMayJulySeptNove

BOB 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 10.3748, compared to 10.6192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2444 points.

H1 Avg (Jan–Jun) 10.3748

H2 Avg (Jul–Dec) 10.6192

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.0392 RSD (High: 11.0881 / Low: 10.0489). On the other end, February was the most stable month, with a tight range of 0.3204 RSD (High: 10.9494 / Low: 10.6290).

October Spread (Volatile) ±1.0392

February Spread (Stable) ±0.3204

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.5130 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 11.3374) against the same month in 2010 (average: 11.4775), the exchange rate shifted by -0.1401 (-1.22%).

2011 Avg (December) 11.3374

2010 Avg (December) 11.4775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7149	10.8763	11.2295
February	10.9494	10.6290	10.7898
March	10.7565	10.3679	10.5218
April	10.4362	9.5525	10.0088
May	10.0696	9.4776	9.7704
June	10.3532	9.5307	9.9284
July	10.5408	9.8570	10.2441
August	10.5343	9.9619	10.2392
September	10.8781	9.9877	10.5222
October	11.0881	10.0489	10.4781
November	11.2662	10.3965	10.8940
December	11.8651	11.0902	11.3374