2013 NPR to RSD Historical Review

YEARLY HIGH

1.0058 RSD

YEARLY LOW

0.8082 RSD

YEARLY AVERAGE

0.9133 RSD

2013 NPR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NPR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 1.0058. Conversely, the yearly low was recorded on September 4, dropping to 0.8082.

This high-to-low spread represents a total annual volatility of 0.1976 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9701 to the December average rate of 0.8457, the exchange rate registered a net change of -12.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.0058 was down 8.56% compared to the 2012 peak of 1.0999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,029 RSD

2012 Average 5,147 RSD

Yearly Trough Low 4,041 RSD

Transaction Impact: A difference of 987.87 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.0046

0.8260

JanuMarcMayJulySeptNove

NPR 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 0.9688, compared to 0.8578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1110 points.

H1 Avg (Jan–Jun) 0.9688

H2 Avg (Jul–Dec) 0.8578

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 0.0765 RSD (High: 0.8884 / Low: 0.8119). On the other end, December was the most stable month, with a tight range of 0.0167 RSD (High: 0.8558 / Low: 0.8391).

August Spread (Volatile) ±0.0765

December Spread (Stable) ±0.0167

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 0.0550 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.9898) against the same month in 2012 (average: 1.0419), the exchange rate shifted by -0.0521 (-5.00%).

2013 Avg (March) 0.9898

2012 Avg (March) 1.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9808	0.9592	0.9701
February	0.9849	0.9539	0.9673
March	1.0058	0.9728	0.9898
April	1.0041	0.9728	0.9841
May	0.9818	0.9553	0.9728
June	0.9584	0.9072	0.9288
July	0.9225	0.8828	0.9105
August	0.8884	0.8119	0.8554
September	0.8523	0.8082	0.8409
October	0.8605	0.8363	0.8486
November	0.8571	0.8371	0.8457
December	0.8558	0.8391	0.8457