2013 RSD to CVE Historical Review

YEARLY HIGH

1.0003 CVE

YEARLY LOW

0.9475 CVE

YEARLY AVERAGE

0.9740 CVE

2013 RSD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the RSD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 1.0003. Conversely, the yearly low was recorded on June 26, dropping to 0.9475.

This high-to-low spread represents a total annual volatility of 0.0528 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9858 to the December average rate of 0.9589, the exchange rate registered a net change of -2.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.0003 was down 6.10% compared to the 2012 peak of 1.0653, 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 5,002 CVE

2012 Average 4,899 CVE

Yearly Trough Low 4,738 CVE

Transaction Impact: A difference of 263.96 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9975

0.9506

JanuMarcMayJulySeptNove

RSD to CVE 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 0.9859, compared to 0.9621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0239 points.

H1 Avg (Jan–Jun) 0.9859

H2 Avg (Jul–Dec) 0.9621

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0331 CVE (High: 0.9806 / Low: 0.9475). On the other end, September was the most stable month, with a tight range of 0.0071 CVE (High: 0.9574 / Low: 0.9503).

June Spread (Volatile) ±0.0331

September Spread (Stable) ±0.0071

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 May and June, when the average rate fell by 0.0261 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.9907) against the same month in 2012 (average: 0.9911), the exchange rate shifted by -0.0005 (-0.05%).

2013 Avg (April) 0.9907

2012 Avg (April) 0.9911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9964	0.9707	0.9858
February	0.9970	0.9831	0.9904
March	0.9928	0.9758	0.9876
April	1.0003	0.9813	0.9907
May	0.9993	0.9795	0.9936
June	0.9806	0.9475	0.9675
July	0.9741	0.9604	0.9688
August	0.9757	0.9562	0.9646
September	0.9574	0.9503	0.9545
October	0.9733	0.9558	0.9617
November	0.9700	0.9555	0.9638
December	0.9640	0.9551	0.9589