2011 RSD to HTG Historical Review

YEARLY HIGH

0.6150 HTG

YEARLY LOW

0.4899 HTG

YEARLY AVERAGE

0.5565 HTG

2011 RSD to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.6150. Conversely, the yearly low was recorded on January 10, dropping to 0.4899.

This high-to-low spread represents a total annual volatility of 0.1251 HTG. From a start-to-finish perspective, comparing the January average rate of 0.5133 to the December average rate of 0.5177, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6150 was up 1.78% compared to the 2010 peak of 0.6042, 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 3,075 HTG

2010 Average 2,595 HTG

Yearly Trough Low 2,449 HTG

Transaction Impact: A difference of 625.41 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6047

0.5050

JanuMarcMayJulySeptNove

RSD to HTG 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 0.5618, compared to 0.5512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.5618

H2 Avg (Jul–Dec) 0.5512

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0510 HTG (High: 0.6065 / Low: 0.5555). On the other end, February was the most stable month, with a tight range of 0.0123 HTG (High: 0.5450 / Low: 0.5327).

April Spread (Volatile) ±0.0510

February Spread (Stable) ±0.0123

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 October and November, when the average rate fell by 0.0199 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.5964) against the same month in 2010 (average: 0.5115), the exchange rate shifted by +0.0849 (+16.60%).

2011 Avg (May) 0.5964

2010 Avg (May) 0.5115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5387	0.4899	0.5133
February	0.5450	0.5327	0.5393
March	0.5599	0.5418	0.5527
April	0.6065	0.5555	0.5806
May	0.6150	0.5760	0.5964
June	0.6086	0.5658	0.5885
July	0.5912	0.5540	0.5688
August	0.5817	0.5577	0.5703
September	0.5799	0.5380	0.5557
October	0.5798	0.5323	0.5572
November	0.5606	0.5204	0.5373
December	0.5296	0.4940	0.5177