2012 NAD to RSD Historical Review

YEARLY HIGH

11.8044 RSD

YEARLY LOW

9.7352 RSD

YEARLY AVERAGE

10.7139 RSD

2012 NAD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NAD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 11.8044. Conversely, the yearly low was recorded on November 26, dropping to 9.7352.

This high-to-low spread represents a total annual volatility of 2.0692 RSD. From a start-to-finish perspective, comparing the January average rate of 10.1521 to the December average rate of 10.0134, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 11.8044 was down 1.95% compared to the 2011 peak of 12.0389, 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 59,022 RSD

2011 Average 50,568 RSD

Yearly Trough Low 48,676 RSD

Transaction Impact: A difference of 10,346.03 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

11.6533

9.8495

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 10.7524, compared to 10.6753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0771 points.

H1 Avg (Jan–Jun) 10.7524

H2 Avg (Jul–Dec) 10.6753

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.9503 RSD (High: 10.7604 / Low: 9.8100). On the other end, March was the most stable month, with a tight range of 0.2964 RSD (High: 11.1532 / Low: 10.8568).

October Spread (Volatile) ±0.9503

March Spread (Stable) ±0.2964

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7689 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 11.5030) against the same month in 2011 (average: 10.0500), the exchange rate shifted by +1.4530 (+14.46%).

2012 Avg (August) 11.5030

2011 Avg (August) 10.0500

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3743	9.9986	10.1521
February	10.8885	10.4255	10.6707
March	11.1532	10.8568	11.0286
April	10.9245	10.6163	10.8173
May	11.1329	10.6553	10.8669
June	11.2152	10.7609	10.9789
July	11.7168	11.2049	11.4883
August	11.8044	11.1421	11.5030
September	11.2069	10.6560	10.9082
October	10.7604	9.8100	10.1392
November	10.2561	9.7352	9.9998
December	10.1630	9.8278	10.0134