2011 PHP to RSD Historical Review

YEARLY HIGH

1.8638 RSD

YEARLY LOW

1.5436 RSD

YEARLY AVERAGE

1.6886 RSD

2011 PHP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PHP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.8638. Conversely, the yearly low was recorded on May 5, dropping to 1.5436.

This high-to-low spread represents a total annual volatility of 0.3202 RSD. From a start-to-finish perspective, comparing the January average rate of 1.7755 to the December average rate of 1.7916, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.8638 was down 1.77% compared to the 2010 peak of 1.8974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 465,962 RSD

2010 Average 431,149 RSD

Yearly Trough Low 385,903 RSD

Transaction Impact: A difference of 80,058.98 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.8127

1.5602

JanuMarcMayJulySeptNove

PHP 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 1.6662, compared to 1.7111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0449 points.

H1 Avg (Jan–Jun) 1.6662

H2 Avg (Jul–Dec) 1.7111

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.1381 RSD (High: 1.8509 / Low: 1.7128). On the other end, August was the most stable month, with a tight range of 0.0572 RSD (High: 1.7035 / Low: 1.6462).

January Spread (Volatile) ±0.1381

August Spread (Stable) ±0.0572

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0709 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.7916) against the same month in 2010 (average: 1.8240), the exchange rate shifted by -0.0324 (-1.77%).

2011 Avg (December) 1.7916

2010 Avg (December) 1.8240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8509	1.7128	1.7755
February	1.7581	1.7004	1.7321
March	1.7351	1.6656	1.6931
April	1.6762	1.5628	1.6222
May	1.6275	1.5436	1.5813
June	1.6363	1.5455	1.5928
July	1.7178	1.6029	1.6701
August	1.7035	1.6462	1.6772
September	1.7414	1.6543	1.6981
October	1.7431	1.6517	1.6871
November	1.7864	1.7044	1.7425
December	1.8638	1.7613	1.7916