2011 CUP to RSD Historical Review

YEARLY HIGH

82.1629 RSD

YEARLY LOW

66.4254 RSD

YEARLY AVERAGE

73.1332 RSD

2011 CUP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CUP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 82.1629. Conversely, the yearly low was recorded on May 5, dropping to 66.4254.

This high-to-low spread represents a total annual volatility of 15.7375 RSD. From a start-to-finish perspective, comparing the January average rate of 78.4785 to the December average rate of 78.1654, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 82.1629 was down 5.04% compared to the 2010 peak of 86.5212, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 410,815 RSD

2010 Average 388,419 RSD

Yearly Trough Low 332,127 RSD

Transaction Impact: A difference of 78,687.71 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

79.4988

67.2547

JanuMarcMayJulySeptNove

CUP 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 72.5184, compared to 73.7481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2297 points.

H1 Avg (Jan–Jun) 72.5184

H2 Avg (Jul–Dec) 73.7481

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 6.4269 RSD (High: 82.1629 / Low: 75.7360). On the other end, February was the most stable month, with a tight range of 1.9184 RSD (High: 76.4175 / Low: 74.4991).

January Spread (Volatile) ±6.4269

February Spread (Stable) ±1.9184

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.5747 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.5747

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 78.4785) against the same month in 2010 (average: 67.9205), the exchange rate shifted by +10.5580 (+15.54%).

2011 Avg (January) 78.4785

2010 Avg (January) 67.9205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	82.1629	75.7360	78.4785
February	76.4175	74.4991	75.5800
March	75.4029	72.1885	73.6079
April	72.6792	66.9387	70.0331
May	70.4898	66.4254	68.2750
June	71.3449	66.8063	69.1358
July	73.3680	69.0437	71.3386
August	72.3847	69.7982	71.1862
September	75.9192	70.0148	73.0997
October	76.7421	70.4698	73.1429
November	77.7954	72.8497	75.5558
December	81.6857	76.4821	78.1654