2012 PEN to RSD Historical Review

YEARLY HIGH

37.0111 RSD

YEARLY LOW

29.6980 RSD

YEARLY AVERAGE

33.3219 RSD

2012 PEN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the PEN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 37.0111. Conversely, the yearly low was recorded on February 2, dropping to 29.6980.

This high-to-low spread represents a total annual volatility of 7.3131 RSD. From a start-to-finish perspective, comparing the January average rate of 30.2003 to the December average rate of 33.6629, the exchange rate registered a net change of 11.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 37.0111 was up 22.20% compared to the 2011 peak of 30.2872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,056 RSD

2011 Average 132,770 RSD

Yearly Trough Low 148,490 RSD

Transaction Impact: A difference of 36,565.53 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

36.9511

29.5866

JanuMarcMayJulySeptNove

PEN 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 31.9192, compared to 34.7246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8054 points.

H1 Avg (Jan–Jun) 31.9192

H2 Avg (Jul–Dec) 34.7246

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 3.0445 RSD (High: 34.9980 / Low: 31.9535). On the other end, March was the most stable month, with a tight range of 0.7030 RSD (High: 31.7806 / Low: 31.0776).

May Spread (Volatile) ±3.0445

March Spread (Stable) ±0.7030

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 1.6449 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.6449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 35.9487) against the same month in 2011 (average: 26.0177), the exchange rate shifted by +9.9311 (+38.17%).

2012 Avg (July) 35.9487

2011 Avg (July) 26.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.6153	29.8624	30.2003
February	30.9245	29.6980	30.4529
March	31.7806	31.0776	31.3583
April	31.9986	31.1870	31.8396
May	34.9980	31.9535	33.2044
June	34.9427	34.0467	34.4594
July	37.0111	34.3440	35.9487
August	36.8683	35.7965	36.3374
September	36.0551	33.8051	34.6925
October	34.4630	32.9634	33.8575
November	34.1895	33.3611	33.8483
December	34.2553	33.3317	33.6629