2011 FJD to RSD Historical Review

YEARLY HIGH

44.8984 RSD

YEARLY LOW

37.6312 RSD

YEARLY AVERAGE

40.6243 RSD

2011 FJD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FJD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 44.8984. Conversely, the yearly low was recorded on June 6, dropping to 37.6312.

This high-to-low spread represents a total annual volatility of 7.2672 RSD. From a start-to-finish perspective, comparing the January average rate of 42.6368 to the December average rate of 42.7049, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 44.8984 was up 2.01% compared to the 2010 peak of 44.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224,492 RSD

2010 Average 201,545 RSD

Yearly Trough Low 188,156 RSD

Transaction Impact: A difference of 36,335.96 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

43.1244

38.0898

JanuMarcMayJulySeptNove

FJD 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 40.1288, compared to 41.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9909 points.

H1 Avg (Jan–Jun) 40.1288

H2 Avg (Jul–Dec) 41.1197

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 3.7879 RSD (High: 44.8984 / Low: 41.1105). On the other end, November was the most stable month, with a tight range of 1.2965 RSD (High: 42.2694 / Low: 40.9729).

January Spread (Volatile) ±3.7879

November Spread (Stable) ±1.2965

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 January and February, when the average rate fell by 1.5583 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 42.6368) against the same month in 2010 (average: 35.4449), the exchange rate shifted by +7.1919 (+20.29%).

2011 Avg (January) 42.6368

2010 Avg (January) 35.4449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.8984	41.1105	42.6368
February	41.7155	40.2875	41.0784
March	41.0887	39.2242	40.0937
April	40.1420	38.2741	39.2918
May	39.6655	37.6361	38.5093
June	40.5410	37.6312	39.1627
July	42.0921	39.7007	40.9575
August	42.1325	39.6244	40.6830
September	41.7490	39.7523	40.8006
October	41.8067	38.5963	40.0036
November	42.2694	40.9729	41.5688
December	44.7411	41.8138	42.7049