2011 FKP to RSD Historical Review

YEARLY HIGH

127.6916 RSD

YEARLY LOW

109.1901 RSD

YEARLY AVERAGE

117.2202 RSD

2011 FKP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 127.6916. Conversely, the yearly low was recorded on May 5, dropping to 109.1901.

This high-to-low spread represents a total annual volatility of 18.5015 RSD. From a start-to-finish perspective, comparing the January average rate of 123.7373 to the December average rate of 121.9748, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 127.6916 was down 2.12% compared to the 2010 peak of 130.4508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 638,458 RSD

2010 Average 599,935 RSD

Yearly Trough Low 545,951 RSD

Transaction Impact: A difference of 92,507.49 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

124.9482

110.4171

JanuMarcMayJulySeptNove

FKP 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 117.1443, compared to 117.2960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1517 points.

H1 Avg (Jan–Jun) 117.1443

H2 Avg (Jul–Dec) 117.2960

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 7.9773 RSD (High: 118.9118 / Low: 110.9344). On the other end, February was the most stable month, with a tight range of 3.3474 RSD (High: 123.5297 / Low: 120.1822).

July Spread (Volatile) ±7.9773

February Spread (Stable) ±3.3474

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.2315 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.2315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 123.7373) against the same month in 2010 (average: 109.6921), the exchange rate shifted by +14.0452 (+12.80%).

2011 Avg (January) 123.7373

2010 Avg (January) 109.6921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	127.6916	120.3614	123.7373
February	123.5297	120.1822	121.8876
March	122.9654	117.0065	118.8912
April	117.0033	111.6978	114.6598
May	114.2244	109.1901	111.6280
June	115.4560	109.3919	112.0619
July	118.9118	110.9344	115.2066
August	118.2064	113.7861	116.4516
September	118.4108	113.4061	115.4760
October	118.4402	113.3340	115.3113
November	122.0318	116.1717	119.3560
December	126.7625	119.7290	121.9748