2011 KES to RSD Historical Review

YEARLY HIGH

1.0110 RSD

YEARLY LOW

0.6968 RSD

YEARLY AVERAGE

0.8287 RSD

2011 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.0110. Conversely, the yearly low was recorded on October 11, dropping to 0.6968.

This high-to-low spread represents a total annual volatility of 0.3142 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9693 to the December average rate of 0.9055, the exchange rate registered a net change of -6.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0110 was down 4.90% compared to the 2010 peak of 1.0632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,055 RSD

2010 Average 4,899 RSD

Yearly Trough Low 3,484 RSD

Transaction Impact: A difference of 1,571.24 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9938

0.6998

JanuMarcMayJulySeptNove

KES 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 0.8638, compared to 0.7935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0703 points.

H1 Avg (Jan–Jun) 0.8638

H2 Avg (Jul–Dec) 0.7935

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.1274 RSD (High: 0.8683 / Low: 0.7409). On the other end, June was the most stable month, with a tight range of 0.0322 RSD (High: 0.7928 / Low: 0.7606).

November Spread (Volatile) ±0.1274

June Spread (Stable) ±0.0322

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 February and March, when the average rate fell by 0.0538 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.9693) against the same month in 2010 (average: 0.8965), the exchange rate shifted by +0.0728 (+8.12%).

2011 Avg (January) 0.9693

2010 Avg (January) 0.8965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0110	0.9338	0.9693
February	0.9387	0.9065	0.9272
March	0.9105	0.8504	0.8734
April	0.8728	0.8029	0.8355
May	0.8187	0.7852	0.8005
June	0.7928	0.7606	0.7771
July	0.8141	0.7788	0.7934
August	0.7837	0.7443	0.7665
September	0.7835	0.7299	0.7595
October	0.7509	0.6968	0.7243
November	0.8683	0.7409	0.8120
December	0.9610	0.8531	0.9055