2013 GIP to RSD Historical Review

YEARLY HIGH

139.8275 RSD

YEARLY LOW

128.6699 RSD

YEARLY AVERAGE

134.0441 RSD

2013 GIP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GIP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 139.8275. Conversely, the yearly low was recorded on February 3, dropping to 128.6699.

This high-to-low spread represents a total annual volatility of 11.1576 RSD. From a start-to-finish perspective, comparing the January average rate of 134.5172 to the December average rate of 137.1377, the exchange rate registered a net change of 1.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 139.8275 was down 9.06% compared to the 2012 peak of 153.7648, 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 699,138 RSD

2012 Average 696,961 RSD

Yearly Trough Low 643,350 RSD

Transaction Impact: A difference of 55,787.94 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

138.4319

130.0059

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 133.2785, compared to 134.8098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5313 points.

H1 Avg (Jan–Jun) 133.2785

H2 Avg (Jul–Dec) 134.8098

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 9.2583 RSD (High: 139.2836 / Low: 130.0253). On the other end, May was the most stable month, with a tight range of 2.0344 RSD (High: 131.4621 / Low: 129.4277).

April Spread (Volatile) ±9.2583

May Spread (Stable) ±2.0344

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 6.4165 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.4165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 137.7298) against the same month in 2012 (average: 132.6108), the exchange rate shifted by +5.1190 (+3.86%).

2013 Avg (March) 137.7298

2012 Avg (March) 132.6108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.8006	130.6726	134.5172
February	136.0582	128.6699	131.6412
March	139.8275	136.4103	137.7298
April	139.2836	130.0253	131.3133
May	131.4621	129.4277	130.7080
June	134.8141	131.7889	133.7614
July	134.0944	130.1602	132.0721
August	134.1405	130.2391	132.7088
September	137.2062	134.2962	136.1908
October	136.9748	133.0346	134.5762
November	137.4247	134.1806	136.1731
December	138.3703	135.7820	137.1377