2011 IRR to RSD Historical Review

YEARLY HIGH

0.0085 RSD

YEARLY LOW

0.0059 RSD

YEARLY AVERAGE

0.0070 RSD

2011 IRR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the IRR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0085. Conversely, the yearly low was recorded on June 14, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0026 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0072, the exchange rate registered a net change of -4.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0085 was down 1.55% compared to the 2010 peak of 0.0086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 RSD

2010 Average 39 RSD

Yearly Trough Low 30 RSD

Transaction Impact: A difference of 12.80 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0077

0.0062

JanuMarcMayJulySeptNove

IRR 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 0.0069, compared to 0.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0069

H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0018 RSD (High: 0.0085 / Low: 0.0067). On the other end, February was the most stable month, with a tight range of 0.0002 RSD (High: 0.0074 / Low: 0.0072).

November Spread (Volatile) ±0.0018

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, 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 (November 2011: 0.0076) against the same month in 2010 (average: 0.0075), the exchange rate shifted by +0.0001 (+1.80%).

2011 Avg (November) 0.0076

2010 Avg (November) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0079	0.0073	0.0076
February	0.0074	0.0072	0.0073
March	0.0073	0.0070	0.0071
April	0.0070	0.0064	0.0067
May	0.0067	0.0063	0.0065
June	0.0066	0.0059	0.0063
July	0.0069	0.0065	0.0067
August	0.0069	0.0066	0.0067
September	0.0071	0.0066	0.0068
October	0.0072	0.0066	0.0069
November	0.0085	0.0067	0.0076
December	0.0084	0.0070	0.0072