2011 PYG to RSD Historical Review

YEARLY HIGH

0.0190 RSD

YEARLY LOW

0.0162 RSD

YEARLY AVERAGE

0.0175 RSD

2011 PYG to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PYG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.0190. Conversely, the yearly low was recorded on February 2, dropping to 0.0162.

This high-to-low spread represents a total annual volatility of 0.0027 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0170 to the December average rate of 0.0176, the exchange rate registered a net change of 3.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0190 was up 4.40% compared to the 2010 peak of 0.0182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95 RSD

2010 Average 82 RSD

Yearly Trough Low 81 RSD

Transaction Impact: A difference of 13.74 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0185

0.0163

JanuMarcMayJulySeptNove

PYG 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 0.0170, compared to 0.0179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0170

H2 Avg (Jul–Dec) 0.0179

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0017 RSD (High: 0.0189 / Low: 0.0172). On the other end, November was the most stable month, with a tight range of 0.0004 RSD (High: 0.0177 / Low: 0.0173).

July Spread (Volatile) ±0.0017

November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0183) against the same month in 2010 (average: 0.0170), the exchange rate shifted by +0.0013 (+7.87%).

2011 Avg (August) 0.0183

2010 Avg (August) 0.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0180	0.0164	0.0170
February	0.0167	0.0162	0.0164
March	0.0178	0.0163	0.0170
April	0.0179	0.0170	0.0173
May	0.0176	0.0166	0.0171
June	0.0178	0.0166	0.0172
July	0.0189	0.0172	0.0181
August	0.0190	0.0179	0.0183
September	0.0189	0.0179	0.0183
October	0.0184	0.0168	0.0176
November	0.0177	0.0173	0.0175
December	0.0185	0.0172	0.0176