2011 RSD to BRL Historical Review

YEARLY HIGH

0.0251 BRL

YEARLY LOW

0.0206 BRL

YEARLY AVERAGE

0.0229 BRL

2011 RSD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.0251. Conversely, the yearly low was recorded on January 10, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0046 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0235, the exchange rate registered a net change of 9.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0251 was down 5.87% compared to the 2010 peak of 0.0267, 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 126 BRL

2010 Average 114 BRL

Yearly Trough Low 103 BRL

Transaction Impact: A difference of 22.77 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0245

0.0211

JanuMarcMayJulySeptNove

RSD to BRL 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 0.0225, compared to 0.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0225

H2 Avg (Jul–Dec) 0.0233

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0024 BRL (High: 0.0251 / Low: 0.0227). On the other end, February was the most stable month, with a tight range of 0.0005 BRL (High: 0.0224 / Low: 0.0219).

September Spread (Volatile) ±0.0024

February Spread (Stable) ±0.0005

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 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0238) against the same month in 2010 (average: 0.0212), the exchange rate shifted by +0.0025 (+11.89%).

2011 Avg (September) 0.0238

2010 Avg (September) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0222	0.0206	0.0214
February	0.0224	0.0219	0.0221
March	0.0231	0.0220	0.0225
April	0.0235	0.0223	0.0226
May	0.0243	0.0231	0.0236
June	0.0237	0.0222	0.0230
July	0.0226	0.0213	0.0219
August	0.0229	0.0219	0.0225
September	0.0251	0.0227	0.0238
October	0.0249	0.0232	0.0242
November	0.0244	0.0232	0.0237
December	0.0240	0.0228	0.0235