2011 KPW to RSD Historical Review

YEARLY HIGH

0.5743 RSD

YEARLY LOW

0.0840 RSD

YEARLY AVERAGE

0.4998 RSD

2011 KPW to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KPW to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.5743. Conversely, the yearly low was recorded on November 8, dropping to 0.0840.

This high-to-low spread represents a total annual volatility of 0.4903 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5486 to the December average rate of 0.2246, the exchange rate registered a net change of -59.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5743 was down 4.97% compared to the 2010 peak of 0.6043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,871 RSD

2010 Average 2,715 RSD

Yearly Trough Low 420 RSD

Transaction Impact: A difference of 2,451.29 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5822

0.1921

JanuMarcMayJulySeptNove

KPW 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 0.5162, compared to 0.4834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0328 points.

H1 Avg (Jan–Jun) 0.5162

H2 Avg (Jul–Dec) 0.4834

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.4825 RSD (High: 0.5665 / Low: 0.0840). On the other end, September was the most stable month, with a tight range of 0.0134 RSD (High: 0.5457 / Low: 0.5323).

November Spread (Volatile) ±0.4825

September Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2988 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.5486) against the same month in 2010 (average: 0.4747), the exchange rate shifted by +0.0738 (+15.55%).

2011 Avg (January) 0.5486

2010 Avg (January) 0.4747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5743	0.5293	0.5486
February	0.5341	0.5207	0.5283
March	0.5270	0.5044	0.5144
April	0.5077	0.4680	0.4894
May	0.5010	0.4642	0.4841
June	0.5464	0.5154	0.5326
July	0.5534	0.5297	0.5402
August	0.5568	0.5419	0.5497
September	0.5457	0.5323	0.5365
October	0.5517	0.5065	0.5261
November	0.5665	0.0840	0.5233
December	0.5629	0.0858	0.2246