2011 QAR to RSD Historical Review

YEARLY HIGH

22.5722 RSD

YEARLY LOW

18.2487 RSD

YEARLY AVERAGE

20.0910 RSD

2011 QAR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the QAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 22.5722. Conversely, the yearly low was recorded on May 5, dropping to 18.2487.

This high-to-low spread represents a total annual volatility of 4.3235 RSD. From a start-to-finish perspective, comparing the January average rate of 21.5600 to the December average rate of 21.4696, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 22.5722 was down 5.04% compared to the 2010 peak of 23.7696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112,861 RSD

2010 Average 106,709 RSD

Yearly Trough Low 91,244 RSD

Transaction Impact: A difference of 21,617.50 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

21.8403

18.4766

JanuMarcMayJulySeptNove

QAR 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 19.9226, compared to 20.2593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3366 points.

H1 Avg (Jan–Jun) 19.9226

H2 Avg (Jul–Dec) 20.2593

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.7656 RSD (High: 22.5722 / Low: 20.8066). On the other end, February was the most stable month, with a tight range of 0.5270 RSD (High: 20.9938 / Low: 20.4668).

January Spread (Volatile) ±1.7656

February Spread (Stable) ±0.5270

Growth Streaks & Declines

Trends

Between August and December, 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 0.9821 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9821

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 21.5600) against the same month in 2010 (average: 18.6595), the exchange rate shifted by +2.9005 (+15.54%).

2011 Avg (January) 21.5600

2010 Avg (January) 18.6595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.5722	20.8066	21.5600
February	20.9938	20.4668	20.7637
March	20.7151	19.8320	20.2219
April	19.9668	18.3897	19.2399
May	19.3653	18.2487	18.7569
June	19.6002	18.3534	18.9934
July	20.1561	18.9681	19.5985
August	19.8859	19.1753	19.5566
September	20.8569	19.2348	20.0823
October	21.0830	19.3598	20.0942
November	21.3684	20.0136	20.7544
December	22.4350	21.0049	21.4696