2011 CNY to RSD Historical Review

YEARLY HIGH

12.9635 RSD

YEARLY LOW

10.2294 RSD

YEARLY AVERAGE

11.3168 RSD

2011 CNY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CNY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 12.9635. Conversely, the yearly low was recorded on May 5, dropping to 10.2294.

This high-to-low spread represents a total annual volatility of 2.7341 RSD. From a start-to-finish perspective, comparing the January average rate of 11.8923 to the December average rate of 12.3264, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.9635 was up 2.32% compared to the 2010 peak of 12.6693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 324,087 RSD

2010 Average 286,978 RSD

Yearly Trough Low 255,735 RSD

Transaction Impact: A difference of 68,352.25 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

12.5080

10.3296

JanuMarcMayJulySeptNove

CNY 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 11.0845, compared to 11.5492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4647 points.

H1 Avg (Jan–Jun) 11.0845

H2 Avg (Jul–Dec) 11.5492

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.9707 RSD (High: 12.0474 / Low: 11.0766). On the other end, February was the most stable month, with a tight range of 0.2687 RSD (High: 11.6009 / Low: 11.3322).

October Spread (Volatile) ±0.9707

February Spread (Stable) ±0.2687

Growth Streaks & Declines

Trends

Between May and December, 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 March and April, when the average rate fell by 0.4798 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.4798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 12.3264) against the same month in 2010 (average: 12.0501), the exchange rate shifted by +0.2763 (+2.29%).

2011 Avg (December) 12.3264

2010 Avg (December) 12.0501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3807	11.4917	11.8923
February	11.6009	11.3322	11.4869
March	11.4712	11.0224	11.2099
April	11.1013	10.3125	10.7301
May	10.8310	10.2294	10.5111
June	11.0229	10.3145	10.6765
July	11.3603	10.6806	11.0491
August	11.2837	10.9383	11.1139
September	11.8619	10.9721	11.4409
October	12.0474	11.0766	11.4767
November	12.1997	11.4631	11.8882
December	12.9635	12.0335	12.3264