2011 NOK to RSD Historical Review

YEARLY HIGH

13.7528 RSD

YEARLY LOW

12.2245 RSD

YEARLY AVERAGE

13.0434 RSD

2011 NOK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 13.7528. Conversely, the yearly low was recorded on May 23, dropping to 12.2245.

This high-to-low spread represents a total annual volatility of 1.5283 RSD. From a start-to-finish perspective, comparing the January average rate of 13.3977 to the December average rate of 13.2854, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.7528 was down 2.65% compared to the 2010 peak of 14.1272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,764 RSD

2010 Average 64,237 RSD

Yearly Trough Low 61,123 RSD

Transaction Impact: A difference of 7,641.42 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.4892

12.3919

JanuMarcMayJulySeptNove

NOK 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 12.9856, compared to 13.1012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1156 points.

H1 Avg (Jan–Jun) 12.9856

H2 Avg (Jul–Dec) 13.1012

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.7166 RSD (High: 13.1108 / Low: 12.3942). On the other end, August was the most stable month, with a tight range of 0.3644 RSD (High: 13.3146 / Low: 12.9502).

June Spread (Volatile) ±0.7166

August Spread (Stable) ±0.3644

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 April and May, when the average rate fell by 0.4896 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4896

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 13.3977) against the same month in 2010 (average: 11.8140), the exchange rate shifted by +1.5838 (+13.41%).

2011 Avg (January) 13.3977

2010 Avg (January) 11.8140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.7528	13.0444	13.3977
February	13.3924	12.9085	13.1939
March	13.5536	12.9274	13.1622
April	13.2034	12.7473	12.9729
May	12.7805	12.2245	12.4834
June	13.1108	12.3942	12.7033
July	13.4550	12.8628	13.1017
August	13.3146	12.9502	13.0857
September	13.3942	12.7376	13.0390
October	13.1306	12.7074	12.9449
November	13.4760	12.8267	13.1503
December	13.6545	12.9942	13.2854