2011 KGS to RSD Historical Review

YEARLY HIGH

1.7615 RSD

YEARLY LOW

1.4262 RSD

YEARLY AVERAGE

1.5857 RSD

2011 KGS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KGS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.7615. Conversely, the yearly low was recorded on May 5, dropping to 1.4262.

This high-to-low spread represents a total annual volatility of 0.3353 RSD. From a start-to-finish perspective, comparing the January average rate of 1.6598 to the December average rate of 1.6774, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7615 was down 5.96% compared to the 2010 peak of 1.8732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,807 RSD

2010 Average 8,442 RSD

Yearly Trough Low 7,131 RSD

Transaction Impact: A difference of 1,676.60 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6975

1.4564

JanuMarcMayJulySeptNove

KGS 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 1.5502, compared to 1.6213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0711 points.

H1 Avg (Jan–Jun) 1.5502

H2 Avg (Jul–Dec) 1.6213

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1557 RSD (High: 1.7015 / Low: 1.5458). On the other end, February was the most stable month, with a tight range of 0.0408 RSD (High: 1.6113 / Low: 1.5705).

October Spread (Volatile) ±0.1557

February Spread (Stable) ±0.0408

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0657 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.6774) against the same month in 2010 (average: 1.7057), the exchange rate shifted by -0.0283 (-1.66%).

2011 Avg (December) 1.6774

2010 Avg (December) 1.7057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7428	1.6026	1.6598
February	1.6113	1.5705	1.5941
March	1.5924	1.5212	1.5529
April	1.5315	1.4322	1.4890
May	1.5206	1.4262	1.4764
June	1.5783	1.4769	1.5286
July	1.6303	1.5251	1.5844
August	1.6318	1.5554	1.5947
September	1.6857	1.5601	1.6216
October	1.7015	1.5458	1.6162
November	1.6663	1.5993	1.6335
December	1.7615	1.6336	1.6774