2012 NGN to RSD Historical Review

YEARLY HIGH

0.6155 RSD

YEARLY LOW

0.4984 RSD

YEARLY AVERAGE

0.5535 RSD

2012 NGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.6155. Conversely, the yearly low was recorded on February 1, dropping to 0.4984.

This high-to-low spread represents a total annual volatility of 0.1172 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5042 to the December average rate of 0.5498, the exchange rate registered a net change of 9.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.6155 was up 14.53% compared to the 2011 peak of 0.5374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 615,511 RSD

2011 Average 469,135 RSD

Yearly Trough Low 498,351 RSD

Transaction Impact: A difference of 117,159.71 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.6084

0.4947

JanuMarcMayJulySeptNove

NGN 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 0.5360, compared to 0.5709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0349 points.

H1 Avg (Jan–Jun) 0.5360

H2 Avg (Jul–Dec) 0.5709

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0576 RSD (High: 0.5933 / Low: 0.5357). On the other end, March was the most stable month, with a tight range of 0.0115 RSD (High: 0.5383 / Low: 0.5268).

May Spread (Volatile) ±0.0576

March Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0261 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.5875) against the same month in 2011 (average: 0.4685), the exchange rate shifted by +0.1190 (+25.40%).

2012 Avg (July) 0.5875

2011 Avg (July) 0.4685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5115	0.4986	0.5042
February	0.5246	0.4984	0.5157
March	0.5383	0.5268	0.5315
April	0.5410	0.5286	0.5375
May	0.5933	0.5357	0.5593
June	0.5890	0.5571	0.5680
July	0.6155	0.5598	0.5875
August	0.6131	0.5915	0.5990
September	0.5955	0.5572	0.5729
October	0.5694	0.5412	0.5577
November	0.5646	0.5485	0.5586
December	0.5615	0.5416	0.5498