2011 LTL to RSD Historical Review

YEARLY HIGH

30.7912 RSD

YEARLY LOW

27.8192 RSD

YEARLY AVERAGE

29.4392 RSD

2011 LTL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LTL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 30.7912. Conversely, the yearly low was recorded on May 23, dropping to 27.8192.

This high-to-low spread represents a total annual volatility of 2.9720 RSD. From a start-to-finish perspective, comparing the January average rate of 30.3668 to the December average rate of 29.8218, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 30.7912 was down 6.89% compared to the 2010 peak of 33.0705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 153,956 RSD

2010 Average 148,914 RSD

Yearly Trough Low 139,096 RSD

Transaction Impact: A difference of 14,859.81 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

30.5648

28.1885

JanuMarcMayJulySeptNove

LTL 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 29.4258, compared to 29.4526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 29.4258

H2 Avg (Jul–Dec) 29.4526

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 1.6727 RSD (High: 29.5661 / Low: 27.8934). On the other end, March was the most stable month, with a tight range of 0.6315 RSD (High: 30.1563 / Low: 29.5248).

June Spread (Volatile) ±1.6727

March Spread (Stable) ±0.6315

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 April and May, when the average rate fell by 0.9190 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 30.3668) against the same month in 2010 (average: 28.0514), the exchange rate shifted by +2.3154 (+8.25%).

2011 Avg (January) 30.3668

2010 Avg (January) 28.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.7912	30.0661	30.3668
February	30.2533	29.6008	29.8674
March	30.1563	29.5248	29.8361
April	29.7659	28.7887	29.3055
May	28.8733	27.8192	28.3865
June	29.5661	27.8934	28.7925
July	30.2583	28.8828	29.4958
August	30.1191	29.1136	29.5455
September	29.6834	28.8795	29.1664
October	29.5692	28.6717	29.0448
November	30.2481	28.7512	29.6413
December	30.6253	29.2998	29.8218