2011 NAD to RSD Historical Review

YEARLY HIGH

12.0389 RSD

YEARLY LOW

8.8211 RSD

YEARLY AVERAGE

10.1146 RSD

2011 NAD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NAD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 12.0389. Conversely, the yearly low was recorded on October 30, dropping to 8.8211.

This high-to-low spread represents a total annual volatility of 3.2178 RSD. From a start-to-finish perspective, comparing the January average rate of 11.3389 to the December average rate of 9.5516, the exchange rate registered a net change of -15.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.0389 was down 0.38% compared to the 2010 peak of 12.0848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,195 RSD

2010 Average 53,211 RSD

Yearly Trough Low 44,106 RSD

Transaction Impact: A difference of 16,089.05 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.5552

8.9598

JanuMarcMayJulySeptNove

NAD 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 10.5020, compared to 9.7272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7748 points.

H1 Avg (Jan–Jun) 10.5020

H2 Avg (Jul–Dec) 9.7272

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.4901 RSD (High: 12.0389 / Low: 10.5488). On the other end, February was the most stable month, with a tight range of 0.4210 RSD (High: 10.7396 / Low: 10.3185).

January Spread (Volatile) ±1.4901

February Spread (Stable) ±0.4210

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 0.8304 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 11.3389) against the same month in 2010 (average: 9.1130), the exchange rate shifted by +2.2259 (+24.43%).

2011 Avg (January) 11.3389

2010 Avg (January) 9.1130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0389	10.5488	11.3389
February	10.7396	10.3185	10.5085
March	10.9162	10.3635	10.6412
April	10.7579	10.1525	10.4020
May	10.2644	9.7343	9.9466
June	10.5005	9.8404	10.1750
July	10.7478	10.2410	10.5143
August	10.6219	9.7543	10.0500
September	10.1492	9.3412	9.8095
October	9.6721	8.8211	9.1761
November	9.5388	8.8945	9.2617
December	10.1006	9.2811	9.5516