2013 JMD to RSD Historical Review

YEARLY HIGH

0.9330 RSD

YEARLY LOW

0.7840 RSD

YEARLY AVERAGE

0.8547 RSD

2013 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.9330. Conversely, the yearly low was recorded on December 29, dropping to 0.7840.

This high-to-low spread represents a total annual volatility of 0.1490 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9094 to the December average rate of 0.8014, the exchange rate registered a net change of -11.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9330 was down 15.25% compared to the 2012 peak of 1.1010, 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 4,665 RSD

2012 Average 4,974 RSD

Yearly Trough Low 3,920 RSD

Transaction Impact: A difference of 745.21 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9202

0.7907

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 0.8812, compared to 0.8282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0530 points.

H1 Avg (Jan–Jun) 0.8812

H2 Avg (Jul–Dec) 0.8282

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.0421 RSD (High: 0.9330 / Low: 0.8909). On the other end, August was the most stable month, with a tight range of 0.0102 RSD (High: 0.8519 / Low: 0.8417).

January Spread (Volatile) ±0.0421

August Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0367 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.9094) against the same month in 2012 (average: 0.9442), the exchange rate shifted by -0.0348 (-3.68%).

2013 Avg (January) 0.9094

2012 Avg (January) 0.9442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9330	0.8909	0.9094
February	0.9109	0.8757	0.8893
March	0.8980	0.8815	0.8904
April	0.8905	0.8548	0.8661
May	0.8756	0.8498	0.8667
June	0.8801	0.8474	0.8656
July	0.8793	0.8463	0.8607
August	0.8519	0.8417	0.8448
September	0.8599	0.8248	0.8420
October	0.8228	0.7909	0.8053
November	0.8244	0.8055	0.8150
December	0.8175	0.7840	0.8014