2012 GIP to RSD Historical Review

YEARLY HIGH

153.7648 RSD

YEARLY LOW

124.8909 RSD

YEARLY AVERAGE

139.3547 RSD

2012 GIP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GIP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 153.7648. Conversely, the yearly low was recorded on January 12, dropping to 124.8909.

This high-to-low spread represents a total annual volatility of 28.8740 RSD. From a start-to-finish perspective, comparing the January average rate of 126.1856 to the December average rate of 138.7390, the exchange rate registered a net change of 9.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 153.7648 was up 20.64% compared to the 2011 peak of 127.4523, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 768,824 RSD

2011 Average 585,839 RSD

Yearly Trough Low 624,454 RSD

Transaction Impact: A difference of 144,369.77 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

153.1370

123.7355

JanuMarcMayJulySeptNove

GIP 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 134.5945, compared to 144.1149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5204 points.

H1 Avg (Jan–Jun) 134.5945

H2 Avg (Jul–Dec) 144.1149

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 10.1343 RSD (High: 153.7648 / Low: 143.6306). On the other end, March was the most stable month, with a tight range of 1.6680 RSD (High: 133.3708 / Low: 131.7028).

July Spread (Volatile) ±10.1343

March Spread (Stable) ±1.6680

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 5.8093 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -5.8093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 149.3662) against the same month in 2011 (average: 115.0541), the exchange rate shifted by +34.3122 (+29.82%).

2012 Avg (July) 149.3662

2011 Avg (July) 115.0541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	127.1294	124.8909	126.1856
February	131.9927	126.3466	129.2538
March	133.3708	131.7028	132.6108
April	137.2246	132.6557	135.4224
May	146.4956	136.9087	140.9748
June	145.3765	140.9974	143.1197
July	153.7648	143.6306	149.3662
August	152.9522	148.8995	150.6869
September	149.9778	141.7381	144.8777
October	143.8421	136.9316	140.5359
November	141.9063	137.9696	140.4839
December	141.2522	137.3950	138.7390