2013 DJF to RSD Historical Review

YEARLY HIGH

0.5012 RSD

YEARLY LOW

0.4571 RSD

YEARLY AVERAGE

0.4796 RSD

2013 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.5012. Conversely, the yearly low was recorded on February 3, dropping to 0.4571.

This high-to-low spread represents a total annual volatility of 0.0441 RSD. From a start-to-finish perspective, comparing the January average rate of 0.4746 to the December average rate of 0.4702, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.5012 was down 8.69% compared to the 2012 peak of 0.5489, 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 2,506 RSD

2012 Average 2,465 RSD

Yearly Trough Low 2,286 RSD

Transaction Impact: A difference of 220.34 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4920

0.4676

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 0.4803, compared to 0.4789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.4803

H2 Avg (Jul–Dec) 0.4789

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0231 RSD (High: 0.4803 / Low: 0.4571). On the other end, August was the most stable month, with a tight range of 0.0078 RSD (High: 0.4878 / Low: 0.4800).

February Spread (Volatile) ±0.0231

August Spread (Stable) ±0.0078

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 0.0112 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2013: 0.4900) against the same month in 2012 (average: 0.5327), the exchange rate shifted by -0.0427 (-8.01%).

2013 Avg (July) 0.4900

2012 Avg (July) 0.5327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4849	0.4633	0.4746
February	0.4803	0.4571	0.4696
March	0.4932	0.4816	0.4859
April	0.4915	0.4765	0.4829
May	0.4865	0.4741	0.4816
June	0.4949	0.4787	0.4871
July	0.5012	0.4815	0.4900
August	0.4878	0.4800	0.4822
September	0.4912	0.4752	0.4831
October	0.4775	0.4654	0.4719
November	0.4810	0.4713	0.4762
December	0.4748	0.4666	0.4702