2013 GNF to RSD Historical Review

YEARLY HIGH

0.0128 RSD

YEARLY LOW

0.0114 RSD

YEARLY AVERAGE

0.0121 RSD

2013 GNF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GNF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.0128. Conversely, the yearly low was recorded on February 3, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0015 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0119 to the December average rate of 0.0120, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0128 was down 6.29% compared to the 2012 peak of 0.0137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 RSD

2012 Average 62 RSD

Yearly Trough Low 57 RSD

Transaction Impact: A difference of 7.33 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0126

0.0117

JanuMarcMayJulySeptNove

GNF 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 0.0120, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0120

H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0007 RSD (High: 0.0121 / Low: 0.0114). On the other end, August was the most stable month, with a tight range of 0.0002 RSD (High: 0.0124 / Low: 0.0122).

February Spread (Volatile) ±0.0007

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2013: 0.0125) against the same month in 2012 (average: 0.0133), the exchange rate shifted by -0.0008 (-5.84%).

2013 Avg (July) 0.0125

2012 Avg (July) 0.0133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0122	0.0116	0.0119
February	0.0121	0.0114	0.0118
March	0.0122	0.0119	0.0121
April	0.0122	0.0120	0.0121
May	0.0123	0.0119	0.0121
June	0.0128	0.0121	0.0124
July	0.0128	0.0123	0.0125
August	0.0124	0.0122	0.0123
September	0.0126	0.0121	0.0124
October	0.0122	0.0118	0.0120
November	0.0122	0.0120	0.0121
December	0.0121	0.0119	0.0120