2013 RSD to CDF Historical Review

YEARLY HIGH

11.3146 CDF

YEARLY LOW

10.3506 CDF

YEARLY AVERAGE

10.8378 CDF

2013 RSD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the RSD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 11.3146. Conversely, the yearly low was recorded on July 10, dropping to 10.3506.

This high-to-low spread represents a total annual volatility of 0.9640 CDF. From a start-to-finish perspective, comparing the January average rate of 10.9456 to the December average rate of 11.0252, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 11.3146 was down 1.81% compared to the 2012 peak of 11.5236, 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 56,573 CDF

2012 Average 52,465 CDF

Yearly Trough Low 51,753 CDF

Transaction Impact: A difference of 4,820.03 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

11.1049

10.5414

JanuMarcMayJulySeptNove

RSD to CDF 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 10.8189, compared to 10.8567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0378 points.

H1 Avg (Jan–Jun) 10.8189

H2 Avg (Jul–Dec) 10.8567

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.5128 CDF (High: 11.1960 / Low: 10.6832). On the other end, August was the most stable month, with a tight range of 0.1445 CDF (High: 10.8289 / Low: 10.6844).

January Spread (Volatile) ±0.5128

August Spread (Stable) ±0.1445

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2955 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 11.0369) against the same month in 2012 (average: 11.2009), the exchange rate shifted by -0.1640 (-1.46%).

2013 Avg (February) 11.0369

2012 Avg (February) 11.2009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1960	10.6832	10.9456
February	11.3146	10.8040	11.0369
March	10.8703	10.5566	10.7414
April	10.9482	10.5428	10.7568
May	11.0132	10.6334	10.7751
June	10.8293	10.4861	10.6576
July	10.7716	10.3506	10.5884
August	10.8289	10.6844	10.7535
September	10.9586	10.6172	10.7817
October	11.2071	10.9258	11.0580
November	11.0124	10.7986	10.9335
December	11.1422	10.9056	11.0252