2013 CDF to RSD Historical Review

YEARLY HIGH

0.0966 RSD

YEARLY LOW

0.0884 RSD

YEARLY AVERAGE

0.0923 RSD

2013 CDF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CDF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0966. Conversely, the yearly low was recorded on February 3, dropping to 0.0884.

This high-to-low spread represents a total annual volatility of 0.0082 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0914 to the December average rate of 0.0907, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0966 was down 8.56% compared to the 2012 peak of 0.1057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 483 RSD

2012 Average 478 RSD

Yearly Trough Low 442 RSD

Transaction Impact: A difference of 41.16 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0949

0.0900

JanuMarcMayJulySeptNove

CDF 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 0.0925, compared to 0.0921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0925

H2 Avg (Jul–Dec) 0.0921

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.0043 RSD (High: 0.0936 / Low: 0.0893). On the other end, August was the most stable month, with a tight range of 0.0012 RSD (High: 0.0936 / Low: 0.0923).

January Spread (Volatile) ±0.0043

August Spread (Stable) ±0.0012

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 September and October, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2013: 0.0945) against the same month in 2012 (average: 0.1028), the exchange rate shifted by -0.0083 (-8.11%).

2013 Avg (July) 0.0945

2012 Avg (July) 0.1028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0936	0.0893	0.0914
February	0.0926	0.0884	0.0906
March	0.0947	0.0920	0.0931
April	0.0949	0.0913	0.0930
May	0.0940	0.0908	0.0928
June	0.0954	0.0923	0.0938
July	0.0966	0.0928	0.0945
August	0.0936	0.0923	0.0930
September	0.0942	0.0913	0.0928
October	0.0915	0.0892	0.0904
November	0.0926	0.0908	0.0915
December	0.0917	0.0897	0.0907