2013 RSD to BIF Historical Review

YEARLY HIGH

19.3632 BIF

YEARLY LOW

17.3838 BIF

YEARLY AVERAGE

18.2077 BIF

2013 RSD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the RSD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 19.3632. Conversely, the yearly low was recorded on July 6, dropping to 17.3838.

This high-to-low spread represents a total annual volatility of 1.9794 BIF. From a start-to-finish perspective, comparing the January average rate of 18.0158 to the December average rate of 18.4708, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 19.3632 was up 7.52% compared to the 2012 peak of 18.0097, 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 96,816 BIF

2012 Average 79,931 BIF

Yearly Trough Low 86,919 BIF

Transaction Impact: A difference of 9,897.12 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

18.9119

17.6532

JanuMarcMayJulySeptNove

RSD to BIF 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 18.2681, compared to 18.1473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1207 points.

H1 Avg (Jan–Jun) 18.2681

H2 Avg (Jul–Dec) 18.1473

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 1.5573 BIF (High: 19.0349 / Low: 17.4776). On the other end, August was the most stable month, with a tight range of 0.2972 BIF (High: 18.0477 / Low: 17.7506).

January Spread (Volatile) ±1.5573

August Spread (Stable) ±0.2972

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.7363 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 18.8070) against the same month in 2012 (average: 15.9119), the exchange rate shifted by +2.8951 (+18.19%).

2013 Avg (February) 18.8070

2012 Avg (February) 15.9119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0349	17.4776	18.0158
February	19.3632	18.1902	18.8070
March	18.3821	17.4941	18.0707
April	18.6090	18.0108	18.3579
May	18.7171	17.9699	18.3797
June	18.3411	17.7270	17.9773
July	17.9385	17.3838	17.7581
August	18.0477	17.7506	17.9529
September	18.2330	17.6100	17.9405
October	18.7376	18.1925	18.4401
November	18.4718	18.1517	18.3216
December	18.6500	18.3401	18.4708