2012 CUP to RSD Historical Review

YEARLY HIGH

97.7136 RSD

YEARLY LOW

79.9101 RSD

YEARLY AVERAGE

87.8722 RSD

2012 CUP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CUP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 97.7136. Conversely, the yearly low was recorded on February 2, dropping to 79.9101.

This high-to-low spread represents a total annual volatility of 17.8035 RSD. From a start-to-finish perspective, comparing the January average rate of 81.3497 to the December average rate of 86.4072, the exchange rate registered a net change of 6.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 97.7136 was up 18.93% compared to the 2011 peak of 82.1629, 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 488,568 RSD

2011 Average 365,630 RSD

Yearly Trough Low 399,550 RSD

Transaction Impact: A difference of 89,017.56 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

96.4667

79.9755

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 85.3748, compared to 90.3696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9948 points.

H1 Avg (Jan–Jun) 85.3748

H2 Avg (Jul–Dec) 90.3696

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 10.3854 RSD (High: 94.7663 / Low: 84.3809). On the other end, April was the most stable month, with a tight range of 1.8274 RSD (High: 85.1204 / Low: 83.2931).

May Spread (Volatile) ±10.3854

April Spread (Stable) ±1.8274

Growth Streaks & Declines

Trends

Between January and August, 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 August and September, when the average rate fell by 4.7882 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -4.7882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 94.7686) against the same month in 2011 (average: 71.3386), the exchange rate shifted by +23.4300 (+32.84%).

2012 Avg (July) 94.7686

2011 Avg (July) 71.3386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	82.4777	80.3884	81.3497
February	82.6844	79.9101	81.7412
March	84.9088	83.0610	83.7997
April	85.1204	83.2931	84.6160
May	94.7663	84.3809	88.5816
June	94.6334	90.1360	92.1604
July	97.7136	91.2104	94.7686
August	97.1621	93.5379	95.0924
September	94.1178	87.9761	90.3042
October	89.5841	85.2461	87.6869
November	88.7830	86.2165	87.9580
December	88.1336	85.3071	86.4072