2011 RSD to GNF Historical Review

YEARLY HIGH

107.6377 GNF

YEARLY LOW

85.0506 GNF

YEARLY AVERAGE

94.7518 GNF

2011 RSD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 107.6377. Conversely, the yearly low was recorded on January 11, dropping to 85.0506.

This high-to-low spread represents a total annual volatility of 22.5871 GNF. From a start-to-finish perspective, comparing the January average rate of 92.1129 to the December average rate of 88.6499, the exchange rate registered a net change of -3.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 107.6377 was up 18.25% compared to the 2010 peak of 91.0246, 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 538,188 GNF

2010 Average 359,635 GNF

Yearly Trough Low 425,253 GNF

Transaction Impact: A difference of 112,935.31 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

104.9099

87.1717

JanuMarcMayJulySeptNove

RSD to GNF 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 97.9334, compared to 91.5702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.3631 points.

H1 Avg (Jan–Jun) 97.9334

H2 Avg (Jul–Dec) 91.5702

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 15.3179 GNF (High: 100.3686 / Low: 85.0506). On the other end, November was the most stable month, with a tight range of 5.6757 GNF (High: 93.2360 / Low: 87.5604).

January Spread (Volatile) ±15.3179

November Spread (Stable) ±5.6757

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 6.6582 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.6582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 103.4317) against the same month in 2010 (average: 63.8811), the exchange rate shifted by +39.5506 (+61.91%).

2011 Avg (May) 103.4317

2010 Avg (May) 63.8811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.3686	85.0506	92.1129
February	101.6676	95.2662	97.5013
March	102.0800	94.6723	96.9370
April	105.3066	97.5393	100.8438
May	107.6377	97.2417	103.4317
June	100.4948	93.5115	96.7735
July	96.9339	90.8403	93.7422
August	100.6137	91.9269	94.3918
September	94.2438	87.4575	90.3217
October	97.2630	87.3036	92.4349
November	93.2360	87.5604	89.8810
December	91.2610	85.1890	88.6499