2013 HTG to RSD Historical Review

YEARLY HIGH

2.1727 RSD

YEARLY LOW

1.9020 RSD

YEARLY AVERAGE

2.0021 RSD

2013 HTG to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the HTG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.1727. Conversely, the yearly low was recorded on December 30, dropping to 1.9020.

This high-to-low spread represents a total annual volatility of 0.2707 RSD. From a start-to-finish perspective, comparing the January average rate of 1.9986 to the December average rate of 2.0681, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.1727 was down 6.52% compared to the 2012 peak of 2.3243, 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 10,864 RSD

2012 Average 10,537 RSD

Yearly Trough Low 9,510 RSD

Transaction Impact: A difference of 1,353.55 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.0806

1.9315

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 2.0064, compared to 1.9978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 2.0064

H2 Avg (Jul–Dec) 1.9978

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.2707 RSD (High: 2.1727 / Low: 1.9020). On the other end, August was the most stable month, with a tight range of 0.0366 RSD (High: 1.9899 / Low: 1.9533).

December Spread (Volatile) ±0.2707

August Spread (Stable) ±0.0366

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0399 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 2.0681) against the same month in 2012 (average: 2.0502), the exchange rate shifted by +0.0179 (+0.88%).

2013 Avg (December) 2.0681

2012 Avg (December) 2.0502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0473	1.9364	1.9986
February	2.0006	1.9114	1.9587
March	2.0591	2.0084	2.0268
April	2.0519	1.9870	2.0145
May	2.0381	1.9771	2.0102
June	2.0662	1.9762	2.0300
July	2.0486	1.9658	2.0091
August	1.9899	1.9533	1.9721
September	2.0139	1.9443	1.9829
October	1.9706	1.9029	1.9439
November	2.1336	1.9397	2.0105
December	2.1727	1.9020	2.0681