2012 HTG to RSD Historical Review

YEARLY HIGH

2.3243 RSD

YEARLY LOW

1.9684 RSD

YEARLY AVERAGE

2.1071 RSD

2012 HTG to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HTG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 2.3243. Conversely, the yearly low was recorded on February 2, dropping to 1.9684.

This high-to-low spread represents a total annual volatility of 0.3560 RSD. From a start-to-finish perspective, comparing the January average rate of 2.0105 to the December average rate of 2.0502, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.3243 was up 13.87% compared to the 2011 peak of 2.0413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,622 RSD

2011 Average 9,007 RSD

Yearly Trough Low 9,842 RSD

Transaction Impact: A difference of 1,779.99 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.2872

1.9854

JanuMarcMayJulySeptNove

HTG 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 2.0677, compared to 2.1464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0787 points.

H1 Avg (Jan–Jun) 2.0677

H2 Avg (Jul–Dec) 2.1464

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.2359 RSD (High: 2.2451 / Low: 2.0092). On the other end, March was the most stable month, with a tight range of 0.0414 RSD (High: 2.0583 / Low: 2.0169).

May Spread (Volatile) ±0.2359

March Spread (Stable) ±0.0414

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 0.1150 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 2.2517) against the same month in 2011 (average: 1.7588), the exchange rate shifted by +0.4929 (+28.03%).

2012 Avg (July) 2.2517

2011 Avg (July) 1.7588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0441	1.9797	2.0105
February	2.0480	1.9684	2.0182
March	2.0583	2.0169	2.0364
April	2.0750	2.0079	2.0446
May	2.2451	2.0092	2.1082
June	2.2509	2.1428	2.1884
July	2.3243	2.1578	2.2517
August	2.2994	2.2258	2.2620
September	2.2402	2.0850	2.1470
October	2.1242	2.0221	2.0804
November	2.1033	2.0513	2.0872
December	2.0934	2.0190	2.0502