2012 MRO to RSD Historical Review

YEARLY HIGH

0.3275 RSD

YEARLY LOW

0.2763 RSD

YEARLY AVERAGE

0.2978 RSD

2012 MRO to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MRO to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.3275. Conversely, the yearly low was recorded on February 2, dropping to 0.2763.

This high-to-low spread represents a total annual volatility of 0.0512 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2822 to the December average rate of 0.2894, the exchange rate registered a net change of 2.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3275 was up 11.66% compared to the 2011 peak of 0.2933, 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 1,638 RSD

2011 Average 1,307 RSD

Yearly Trough Low 1,381 RSD

Transaction Impact: A difference of 256.19 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3242

0.2771

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 0.2936, compared to 0.3020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.2936

H2 Avg (Jul–Dec) 0.3020

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0350 RSD (High: 0.3256 / Low: 0.2906). On the other end, November was the most stable month, with a tight range of 0.0077 RSD (High: 0.2976 / Low: 0.2899).

May Spread (Volatile) ±0.0350

November Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0155 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.3203) against the same month in 2011 (average: 0.2590), the exchange rate shifted by +0.0613 (+23.66%).

2012 Avg (July) 0.3203

2011 Avg (July) 0.2590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2878	0.2779	0.2822
February	0.2858	0.2763	0.2810
March	0.2914	0.2832	0.2866
April	0.2962	0.2855	0.2918
May	0.3256	0.2906	0.3044
June	0.3273	0.3074	0.3156
July	0.3275	0.3138	0.3203
August	0.3218	0.3105	0.3155
September	0.3125	0.2909	0.3000
October	0.2973	0.2830	0.2917
November	0.2976	0.2899	0.2952
December	0.2956	0.2827	0.2894