2012 JMD to RSD Historical Review

YEARLY HIGH

1.1010 RSD

YEARLY LOW

0.9241 RSD

YEARLY AVERAGE

0.9945 RSD

2012 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1.1010. Conversely, the yearly low was recorded on December 31, dropping to 0.9241.

This high-to-low spread represents a total annual volatility of 0.1769 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9442 to the December average rate of 0.9398, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1010 was up 15.95% compared to the 2011 peak of 0.9495, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,505 RSD

2011 Average 4,255 RSD

Yearly Trough Low 4,620 RSD

Transaction Impact: A difference of 884.65 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0834

0.9268

JanuMarcMayJulySeptNove

JMD 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 0.9836, compared to 1.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 0.9836

H2 Avg (Jul–Dec) 1.0054

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1123 RSD (High: 1.0844 / Low: 0.9721). On the other end, March was the most stable month, with a tight range of 0.0192 RSD (High: 0.9793 / Low: 0.9602).

May Spread (Volatile) ±0.1123

March Spread (Stable) ±0.0192

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0556 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.0704) against the same month in 2011 (average: 0.8362), the exchange rate shifted by +0.2342 (+28.00%).

2012 Avg (July) 1.0704

2011 Avg (July) 0.8362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9564	0.9319	0.9442
February	0.9600	0.9265	0.9470
March	0.9793	0.9602	0.9674
April	0.9837	0.9602	0.9764
May	1.0844	0.9721	1.0174
June	1.0789	1.0282	1.0494
July	1.1010	1.0362	1.0704
August	1.0875	1.0495	1.0671
September	1.0544	0.9842	1.0115
October	1.0021	0.9482	0.9748
November	0.9791	0.9486	0.9691
December	0.9633	0.9241	0.9398