2011 RSD to AZN Historical Review

YEARLY HIGH

0.0119 AZN

YEARLY LOW

0.0096 AZN

YEARLY AVERAGE

0.0108 AZN

2011 RSD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0119. Conversely, the yearly low was recorded on December 31, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0023 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0102 to the December average rate of 0.0101, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0119 was down 1.23% compared to the 2010 peak of 0.0120, 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 60 AZN

2010 Average 52 AZN

Yearly Trough Low 48 AZN

Transaction Impact: A difference of 11.38 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0117

0.0099

JanuMarcMayJulySeptNove

RSD to AZN 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 0.0110, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0110

H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0009 AZN (High: 0.0118 / Low: 0.0109). On the other end, February was the most stable month, with a tight range of 0.0003 AZN (High: 0.0107 / Low: 0.0104).

April Spread (Volatile) ±0.0009

February Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0116) against the same month in 2010 (average: 0.0106), the exchange rate shifted by +0.0009 (+8.78%).

2011 Avg (May) 0.0116

2010 Avg (May) 0.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0105	0.0097	0.0102
February	0.0107	0.0104	0.0105
March	0.0110	0.0105	0.0108
April	0.0118	0.0109	0.0113
May	0.0119	0.0112	0.0116
June	0.0118	0.0110	0.0114
July	0.0114	0.0107	0.0110
August	0.0113	0.0109	0.0110
September	0.0112	0.0104	0.0108
October	0.0112	0.0102	0.0108
November	0.0108	0.0101	0.0104
December	0.0103	0.0096	0.0101