YEARLY HIGH
115.9061 RSD
YEARLY LOW
93.7053 RSD
YEARLY AVERAGE
103.1646 RSD

2011 JOD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JOD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 115.9061. Conversely, the yearly low was recorded on May 5, dropping to 93.7053.

This high-to-low spread represents a total annual volatility of 22.2007 RSD. From a start-to-finish perspective, comparing the January average rate of 110.7528 to the December average rate of 110.1767, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 115.9061 was down 5.07% compared to the 2010 peak of 122.0973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 579,530 RSD
2010 Average 548,204 RSD
Yearly Trough Low 468,527 RSD
Transaction Impact: A difference of 111,003.65 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

112.1953
94.8855
JanuMarcMayJulySeptNove

JOD 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 102.3212, compared to 104.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6868 points.

H1 Avg (Jan–Jun) 102.3212
H2 Avg (Jul–Dec) 104.0080

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 9.0287 RSD (High: 115.9061 / Low: 106.8774). On the other end, February was the most stable month, with a tight range of 2.7082 RSD (High: 107.8772 / Low: 105.1690).

January Spread (Volatile) ±9.0287
February Spread (Stable) ±2.7082

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 5.0703 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.0703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 110.7528) against the same month in 2010 (average: 95.8867), the exchange rate shifted by +14.8661 (+15.50%).

2011 Avg (January) 110.7528
2010 Avg (January) 95.8867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 115.9061 106.8774 110.7528
February 107.8772 105.1690 106.6528
March 106.4448 101.8712 103.8694
April 102.4770 94.4095 98.7991
May 99.4320 93.7053 96.3280
June 100.6452 94.2560 97.5249
July 103.4993 97.3990 100.6469
August 102.1238 98.4751 100.4479
September 107.1699 98.7619 103.1413
October 108.2629 99.2882 103.1381
November 109.6737 102.6847 106.4967
December 115.1720 107.8342 110.1767