2011 MZN to RSD Historical Review

YEARLY HIGH

3.0432 RSD

YEARLY LOW

2.1420 RSD

YEARLY AVERAGE

2.5489 RSD

2011 MZN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3.0432. Conversely, the yearly low was recorded on May 2, dropping to 2.1420.

This high-to-low spread represents a total annual volatility of 0.9012 RSD. From a start-to-finish perspective, comparing the January average rate of 2.4177 to the December average rate of 2.9312, the exchange rate registered a net change of 21.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.0432 was up 18.83% compared to the 2010 peak of 2.5610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,216 RSD

2010 Average 11,387 RSD

Yearly Trough Low 10,710 RSD

Transaction Impact: A difference of 4,505.86 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.9982

2.1934

JanuMarcMayJulySeptNove

MZN 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 2.3518, compared to 2.7459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3941 points.

H1 Avg (Jan–Jun) 2.3518

H2 Avg (Jul–Dec) 2.7459

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.2474 RSD (High: 2.5019 / Low: 2.2545). On the other end, March was the most stable month, with a tight range of 0.0993 RSD (High: 2.4257 / Low: 2.3264).

June Spread (Volatile) ±0.2474

March Spread (Stable) ±0.0993

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1164 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.9312) against the same month in 2010 (average: 2.3653), the exchange rate shifted by +0.5659 (+23.92%).

2011 Avg (December) 2.9312

2010 Avg (December) 2.3653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5438	2.3325	2.4177
February	2.4454	2.3286	2.3959
March	2.4257	2.3264	2.3769
April	2.3644	2.1421	2.2605
May	2.3459	2.1420	2.2725
June	2.5019	2.2545	2.3875
July	2.6708	2.4311	2.5622
August	2.7035	2.5893	2.6604
September	2.8286	2.6074	2.7277
October	2.8746	2.6508	2.7526
November	2.9506	2.7331	2.8413
December	3.0432	2.8597	2.9312