2011 LRD to RSD Historical Review

YEARLY HIGH

1.1459 RSD

YEARLY LOW

0.9162 RSD

YEARLY AVERAGE

1.0149 RSD

2011 LRD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LRD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.1459. Conversely, the yearly low was recorded on May 5, dropping to 0.9162.

This high-to-low spread represents a total annual volatility of 0.2297 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0953 to the December average rate of 1.0844, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1459 was down 7.22% compared to the 2010 peak of 1.2351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,729 RSD

2010 Average 5,488 RSD

Yearly Trough Low 4,581 RSD

Transaction Impact: A difference of 1,148.51 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1101

0.9329

JanuMarcMayJulySeptNove

LRD 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 1.0065, compared to 1.0234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 1.0065

H2 Avg (Jul–Dec) 1.0234

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0941 RSD (High: 1.1459 / Low: 1.0518). On the other end, February was the most stable month, with a tight range of 0.0305 RSD (High: 1.0584 / Low: 1.0279).

January Spread (Volatile) ±0.0941

February Spread (Stable) ±0.0305

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 0.0518 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.0953) against the same month in 2010 (average: 0.9657), the exchange rate shifted by +0.1297 (+13.43%).

2011 Avg (January) 1.0953

2010 Avg (January) 0.9657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1459	1.0518	1.0953
February	1.0584	1.0279	1.0435
March	1.0400	1.0088	1.0209
April	1.0156	0.9236	0.9754
May	0.9825	0.9162	0.9477
June	0.9906	0.9257	0.9561
July	1.0089	0.9524	0.9836
August	1.0052	0.9629	0.9853
September	1.0487	0.9657	1.0174
October	1.0591	0.9784	1.0135
November	1.0910	1.0120	1.0562
December	1.1354	1.0606	1.0844