2011 RSD to LTL Historical Review

YEARLY HIGH

0.0359 LTL

YEARLY LOW

0.0325 LTL

YEARLY AVERAGE

0.0340 LTL

2011 RSD to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 0.0359. Conversely, the yearly low was recorded on January 4, dropping to 0.0325.

This high-to-low spread represents a total annual volatility of 0.0035 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0329 to the December average rate of 0.0335, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0359 was down 0.25% compared to the 2010 peak of 0.0360, 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 180 LTL

2010 Average 168 LTL

Yearly Trough Low 162 LTL

Transaction Impact: A difference of 17.35 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0355

0.0327

JanuMarcMayJulySeptNove

RSD to LTL 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 0.0340, compared to 0.0340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0340

H2 Avg (Jul–Dec) 0.0340

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0020 LTL (High: 0.0359 / Low: 0.0338). On the other end, March was the most stable month, with a tight range of 0.0007 LTL (High: 0.0339 / Low: 0.0332).

June Spread (Volatile) ±0.0020

March Spread (Stable) ±0.0007

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 June and July, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0352) against the same month in 2010 (average: 0.0348), the exchange rate shifted by +0.0004 (+1.17%).

2011 Avg (May) 0.0352

2010 Avg (May) 0.0348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0333	0.0325	0.0329
February	0.0338	0.0331	0.0335
March	0.0339	0.0332	0.0335
April	0.0347	0.0336	0.0341
May	0.0359	0.0346	0.0352
June	0.0359	0.0338	0.0347
July	0.0346	0.0330	0.0339
August	0.0343	0.0332	0.0338
September	0.0346	0.0337	0.0343
October	0.0349	0.0338	0.0344
November	0.0348	0.0331	0.0337
December	0.0341	0.0327	0.0335