2011 RSD to ALL Historical Review

YEARLY HIGH

1.4755 ALL

YEARLY LOW

1.3021 ALL

YEARLY AVERAGE

1.3812 ALL

2011 RSD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 1.4755. Conversely, the yearly low was recorded on January 10, dropping to 1.3021.

This high-to-low spread represents a total annual volatility of 0.1735 ALL. From a start-to-finish perspective, comparing the January average rate of 1.3238 to the December average rate of 1.3437, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4755 was up 1.92% compared to the 2010 peak of 1.4477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,378 ALL

2010 Average 6,710 ALL

Yearly Trough Low 6,510 ALL

Transaction Impact: A difference of 867.34 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4602

1.3114

JanuMarcMayJulySeptNove

RSD to ALL 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 1.3854, compared to 1.3771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 1.3854

H2 Avg (Jul–Dec) 1.3771

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0896 ALL (High: 1.4744 / Low: 1.3848). On the other end, September was the most stable month, with a tight range of 0.0343 ALL (High: 1.4071 / Low: 1.3728).

June Spread (Volatile) ±0.0896

September Spread (Stable) ±0.0343

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0548 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.4478) against the same month in 2010 (average: 1.3816), the exchange rate shifted by +0.0663 (+4.80%).

2011 Avg (May) 1.4478

2010 Avg (May) 1.3816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3459	1.3021	1.3238
February	1.3705	1.3335	1.3533
March	1.3745	1.3379	1.3603
April	1.4336	1.3629	1.3991
May	1.4755	1.4086	1.4478
June	1.4744	1.3848	1.4281
July	1.4126	1.3347	1.3734
August	1.3900	1.3518	1.3713
September	1.4071	1.3728	1.3947
October	1.4235	1.3732	1.4033
November	1.4178	1.3456	1.3762
December	1.3661	1.3104	1.3437