2011 MRO to RSD Historical Review

YEARLY HIGH

0.2933 RSD

YEARLY LOW

0.2432 RSD

YEARLY AVERAGE

0.2614 RSD

2011 MRO to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MRO to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.2933. Conversely, the yearly low was recorded on October 30, dropping to 0.2432.

This high-to-low spread represents a total annual volatility of 0.0501 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2800 to the December average rate of 0.2730, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2933 was down 7.54% compared to the 2010 peak of 0.3172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,467 RSD

2010 Average 1,417 RSD

Yearly Trough Low 1,216 RSD

Transaction Impact: A difference of 250.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2829

0.2486

JanuMarcMayJulySeptNove

MRO 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 0.2614, compared to 0.2614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2614

H2 Avg (Jul–Dec) 0.2614

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0286 RSD (High: 0.2718 / Low: 0.2432). On the other end, August was the most stable month, with a tight range of 0.0132 RSD (High: 0.2638 / Low: 0.2505).

October Spread (Volatile) ±0.0286

August Spread (Stable) ±0.0132

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 0.0119 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2800) against the same month in 2010 (average: 0.2606), the exchange rate shifted by +0.0194 (+7.46%).

2011 Avg (January) 0.2800

2010 Avg (January) 0.2606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2933	0.2723	0.2800
February	0.2737	0.2591	0.2681
March	0.2683	0.2538	0.2608
April	0.2608	0.2457	0.2546
May	0.2607	0.2440	0.2515
June	0.2630	0.2436	0.2533
July	0.2650	0.2516	0.2590
August	0.2638	0.2505	0.2561
September	0.2695	0.2506	0.2601
October	0.2718	0.2432	0.2546
November	0.2723	0.2563	0.2653
December	0.2854	0.2668	0.2730