2013 NGN to RSD Historical Review

YEARLY HIGH

0.5523 RSD

YEARLY LOW

0.5159 RSD

YEARLY AVERAGE

0.5347 RSD

2013 NGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.5523. Conversely, the yearly low was recorded on December 30, dropping to 0.5159.

This high-to-low spread represents a total annual volatility of 0.0364 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5370 to the December average rate of 0.5262, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.5523 was down 10.27% compared to the 2012 peak of 0.6155, 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 552,280 RSD

2012 Average 553,618 RSD

Yearly Trough Low 515,914 RSD

Transaction Impact: A difference of 36,365.77 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.5463

0.5210

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 0.5387, compared to 0.5306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.5387

H2 Avg (Jul–Dec) 0.5306

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.0274 RSD (High: 0.5500 / Low: 0.5226). On the other end, August was the most stable month, with a tight range of 0.0089 RSD (High: 0.5373 / Low: 0.5284).

January Spread (Volatile) ±0.0274

August Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0083 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.5442) against the same month in 2012 (average: 0.5315), the exchange rate shifted by +0.0126 (+2.37%).

2013 Avg (March) 0.5442

2012 Avg (March) 0.5315

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5500	0.5226	0.5370
February	0.5392	0.5169	0.5293
March	0.5523	0.5386	0.5442
April	0.5510	0.5334	0.5410
May	0.5459	0.5315	0.5408
June	0.5487	0.5263	0.5398
July	0.5514	0.5334	0.5403
August	0.5373	0.5284	0.5320
September	0.5343	0.5244	0.5300
October	0.5269	0.5164	0.5231
November	0.5379	0.5286	0.5323
December	0.5328	0.5159	0.5262