2011 EGP to RSD Historical Review

YEARLY HIGH

14.1545 RSD

YEARLY LOW

11.1619 RSD

YEARLY AVERAGE

12.3054 RSD

2011 EGP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the EGP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 14.1545. Conversely, the yearly low was recorded on May 5, dropping to 11.1619.

This high-to-low spread represents a total annual volatility of 2.9926 RSD. From a start-to-finish perspective, comparing the January average rate of 13.5006 to the December average rate of 12.9849, the exchange rate registered a net change of -3.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.1545 was down 7.09% compared to the 2010 peak of 15.2345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,772 RSD

2010 Average 68,871 RSD

Yearly Trough Low 55,810 RSD

Transaction Impact: A difference of 14,962.83 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.7035

11.2695

JanuMarcMayJulySeptNove

EGP 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 12.2711, compared to 12.3397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0686 points.

H1 Avg (Jan–Jun) 12.2711

H2 Avg (Jul–Dec) 12.3397

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.2229 RSD (High: 14.1545 / Low: 12.9316). On the other end, February was the most stable month, with a tight range of 0.3321 RSD (High: 12.9986 / Low: 12.6665).

January Spread (Volatile) ±1.2229

February Spread (Stable) ±0.3321

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 0.6629 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 13.5006) against the same month in 2010 (average: 12.4600), the exchange rate shifted by +1.0407 (+8.35%).

2011 Avg (January) 13.5006

2010 Avg (January) 12.4600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1545	12.9316	13.5006
February	12.9986	12.6665	12.8558
March	12.7813	12.1458	12.4211
April	12.2043	11.2517	11.7582
May	11.8429	11.1619	11.4723
June	12.0022	11.2095	11.6187
July	12.3009	11.5759	11.9747
August	12.2049	11.7220	11.9480
September	12.7307	11.7552	12.2537
October	12.8792	11.7970	12.2538
November	12.9462	12.2031	12.6232
December	13.5496	12.7462	12.9849