2011 RSD to HUF Historical Review

YEARLY HIGH

3.1217 HUF

YEARLY LOW

2.5573 HUF

YEARLY AVERAGE

2.7474 HUF

2011 RSD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 3.1217. Conversely, the yearly low was recorded on July 22, dropping to 2.5573.

This high-to-low spread represents a total annual volatility of 0.5644 HUF. From a start-to-finish perspective, comparing the January average rate of 2.6238 to the December average rate of 2.9599, the exchange rate registered a net change of 12.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.1217 was up 9.61% compared to the 2010 peak of 2.8481, 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 15,608 HUF

2010 Average 13,401 HUF

Yearly Trough Low 12,786 HUF

Transaction Impact: A difference of 2,822.17 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

3.0585

2.5798

JanuMarcMayJulySeptNove

RSD to HUF 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 2.6520, compared to 2.8428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1908 points.

H1 Avg (Jan–Jun) 2.6520

H2 Avg (Jul–Dec) 2.8428

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1864 HUF (High: 2.9146 / Low: 2.7282). On the other end, January was the most stable month, with a tight range of 0.0579 HUF (High: 2.6487 / Low: 2.5909).

September Spread (Volatile) ±0.1864

January Spread (Stable) ±0.0579

Growth Streaks & Declines

Trends

Between July and November, 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 0.0590 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 3.0186) against the same month in 2010 (average: 2.5948), the exchange rate shifted by +0.4239 (+16.34%).

2011 Avg (November) 3.0186

2010 Avg (November) 2.5948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6487	2.5909	2.6238
February	2.6677	2.5963	2.6281
March	2.6840	2.5642	2.6280
April	2.6649	2.5774	2.6197
May	2.8128	2.6456	2.7283
June	2.7698	2.6128	2.6841
July	2.6836	2.5573	2.6250
August	2.7187	2.6248	2.6696
September	2.9146	2.7282	2.8259
October	3.0411	2.8554	2.9580
November	3.1217	2.9365	3.0186
December	3.0058	2.9064	2.9599