2012 DJF to RSD Historical Review

YEARLY HIGH

0.5489 RSD

YEARLY LOW

0.4474 RSD

YEARLY AVERAGE

0.4929 RSD

2012 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.5489. Conversely, the yearly low was recorded on February 2, dropping to 0.4474.

This high-to-low spread represents a total annual volatility of 0.1015 RSD. From a start-to-finish perspective, comparing the January average rate of 0.4562 to the December average rate of 0.4861, the exchange rate registered a net change of 6.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.5489 was up 18.74% compared to the 2011 peak of 0.4623, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,745 RSD

2011 Average 2,057 RSD

Yearly Trough Low 2,237 RSD

Transaction Impact: A difference of 507.68 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.5421

0.4484

JanuMarcMayJulySeptNove

DJF 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 0.4778, compared to 0.5080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0302 points.

H1 Avg (Jan–Jun) 0.4778

H2 Avg (Jul–Dec) 0.5080

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0598 RSD (High: 0.5303 / Low: 0.4705). On the other end, March was the most stable month, with a tight range of 0.0104 RSD (High: 0.4736 / Low: 0.4632).

May Spread (Volatile) ±0.0598

March Spread (Stable) ±0.0104

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 0.0271 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.5327) against the same month in 2011 (average: 0.4014), the exchange rate shifted by +0.1312 (+32.70%).

2012 Avg (July) 0.5327

2011 Avg (July) 0.4014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4622	0.4501	0.4562
February	0.4639	0.4474	0.4582
March	0.4736	0.4632	0.4690
April	0.4774	0.4664	0.4731
May	0.5303	0.4705	0.4951
June	0.5290	0.5047	0.5152
July	0.5489	0.5127	0.5327
August	0.5453	0.5250	0.5343
September	0.5283	0.4948	0.5073
October	0.5041	0.4787	0.4930
November	0.4991	0.4854	0.4945
December	0.4966	0.4799	0.4861