2011 LSL to RSD Historical Review

YEARLY HIGH

12.1060 RSD

YEARLY LOW

8.8969 RSD

YEARLY AVERAGE

10.1335 RSD

2011 LSL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LSL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 12.1060. Conversely, the yearly low was recorded on October 23, dropping to 8.8969.

This high-to-low spread represents a total annual volatility of 3.2091 RSD. From a start-to-finish perspective, comparing the January average rate of 11.3746 to the December average rate of 9.5517, the exchange rate registered a net change of -16.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.1060 was up 0.89% compared to the 2010 peak of 11.9997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,530 RSD

2010 Average 53,158 RSD

Yearly Trough Low 44,485 RSD

Transaction Impact: A difference of 16,045.32 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.5862

9.0465

JanuMarcMayJulySeptNove

LSL 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 10.5154, compared to 9.7517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7637 points.

H1 Avg (Jan–Jun) 10.5154

H2 Avg (Jul–Dec) 9.7517

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.5583 RSD (High: 12.1060 / Low: 10.5477). On the other end, February was the most stable month, with a tight range of 0.3490 RSD (High: 10.7234 / Low: 10.3744).

January Spread (Volatile) ±1.5583

February Spread (Stable) ±0.3490

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 January and February, when the average rate fell by 0.8600 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 11.3746) against the same month in 2010 (average: 9.1139), the exchange rate shifted by +2.2607 (+24.81%).

2011 Avg (January) 11.3746

2010 Avg (January) 9.1139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.1060	10.5477	11.3746
February	10.7234	10.3744	10.5146
March	10.8579	10.3623	10.6364
April	10.7459	10.0797	10.3917
May	10.3136	9.7576	9.9784
June	10.4683	9.8262	10.1965
July	10.7000	10.2225	10.5115
August	10.6425	9.7707	10.0638
September	10.2759	9.4671	9.8480
October	9.8015	8.8969	9.2581
November	9.5500	9.0065	9.2772
December	10.0990	9.2711	9.5517