2013 LTL to RSD Historical Review

YEARLY HIGH

33.3516 RSD

YEARLY LOW

32.0102 RSD

YEARLY AVERAGE

32.7460 RSD

2013 LTL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the LTL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 33.3516. Conversely, the yearly low was recorded on April 29, dropping to 32.0102.

This high-to-low spread represents a total annual volatility of 1.3414 RSD. From a start-to-finish perspective, comparing the January average rate of 32.4163 to the December average rate of 33.2278, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 33.3516 was down 3.48% compared to the 2012 peak of 34.5552, 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 166,758 RSD

2012 Average 163,458 RSD

Yearly Trough Low 160,051 RSD

Transaction Impact: A difference of 6,706.96 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

33.3380

32.0157

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 32.4060, compared to 33.0861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6801 points.

H1 Avg (Jan–Jun) 32.4060

H2 Avg (Jul–Dec) 33.0861

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.5410 RSD (High: 33.1743 / Low: 32.6334). On the other end, November was the most stable month, with a tight range of 0.1538 RSD (High: 33.0896 / Low: 32.9358).

June Spread (Volatile) ±0.5410

November Spread (Stable) ±0.1538

Growth Streaks & Declines

Trends

Between July and September, 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 0.1775 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 33.2027) against the same month in 2012 (average: 33.6372), the exchange rate shifted by -0.4345 (-1.29%).

2013 Avg (September) 33.2027

2012 Avg (September) 33.6372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.6088	32.2660	32.4163
February	32.3297	32.1081	32.2388
March	32.5416	32.2211	32.3590
April	32.4468	32.0102	32.2889
May	32.5445	32.0254	32.1259
June	33.1743	32.6334	33.0072
July	33.0943	32.8938	32.9752
August	33.1319	32.9473	33.0276
September	33.3516	33.1148	33.2027
October	33.1948	32.6692	33.0515
November	33.0896	32.9358	33.0316
December	33.3256	33.0528	33.2278