2011 PGK to RSD Historical Review

YEARLY HIGH

38.3516 RSD

YEARLY LOW

26.9535 RSD

YEARLY AVERAGE

31.2636 RSD

2011 PGK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PGK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 38.3516. Conversely, the yearly low was recorded on April 14, dropping to 26.9535.

This high-to-low spread represents a total annual volatility of 11.3981 RSD. From a start-to-finish perspective, comparing the January average rate of 29.9884 to the December average rate of 36.7389, the exchange rate registered a net change of 22.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 38.3516 was up 20.19% compared to the 2010 peak of 31.9099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191,758 RSD

2010 Average 144,084 RSD

Yearly Trough Low 134,768 RSD

Transaction Impact: A difference of 56,990.54 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

37.6305

26.9315

JanuMarcMayJulySeptNove

PGK 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 28.8300, compared to 33.6971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8671 points.

H1 Avg (Jan–Jun) 28.8300

H2 Avg (Jul–Dec) 33.6971

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 3.8736 RSD (High: 31.4689 / Low: 27.5954). On the other end, February was the most stable month, with a tight range of 0.6096 RSD (High: 29.2805 / Low: 28.6709).

June Spread (Volatile) ±3.8736

February Spread (Stable) ±0.6096

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.0284 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.0284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 36.7389) against the same month in 2010 (average: 30.9766), the exchange rate shifted by +5.7624 (+18.60%).

2011 Avg (December) 36.7389

2010 Avg (December) 30.9766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.2222	28.8544	29.9884
February	29.2805	28.6709	28.9600
March	29.2192	27.6798	28.4528
April	28.4103	26.9535	27.8231
May	29.0939	27.2872	28.1664
June	31.4689	27.5954	29.5895
July	32.6789	30.0967	31.3734
August	32.5894	31.2745	31.9461
September	34.3607	31.6317	33.0475
October	34.7326	32.7933	33.5338
November	36.5634	34.1662	35.5431
December	38.3516	35.9839	36.7389