2011 RSD to NGN Historical Review

YEARLY HIGH

2.3361 NGN

YEARLY LOW

1.8608 NGN

YEARLY AVERAGE

2.1357 NGN

2011 RSD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 2.3361. Conversely, the yearly low was recorded on January 10, dropping to 1.8608.

This high-to-low spread represents a total annual volatility of 0.4753 NGN. From a start-to-finish perspective, comparing the January average rate of 1.9455 to the December average rate of 2.0783, the exchange rate registered a net change of 6.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3361 was up 2.88% compared to the 2010 peak of 2.2707, 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 11,680 NGN

2010 Average 9,762 NGN

Yearly Trough Low 9,304 NGN

Transaction Impact: A difference of 2,376.53 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3212

1.9113

JanuMarcMayJulySeptNove

RSD to NGN 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 2.1377, compared to 2.1338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 2.1377

H2 Avg (Jul–Dec) 2.1338

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1879 NGN (High: 2.2549 / Low: 2.0670). On the other end, February was the most stable month, with a tight range of 0.0565 NGN (High: 2.0540 / Low: 1.9975).

October Spread (Volatile) ±0.1879

February Spread (Stable) ±0.0565

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 0.1189 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 2.2541) against the same month in 2010 (average: 1.7903), the exchange rate shifted by +0.4638 (+25.91%).

2011 Avg (June) 2.2541

2010 Avg (June) 1.7903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0093	1.8608	1.9455
February	2.0540	1.9975	2.0232
March	2.1503	2.0373	2.1074
April	2.3102	2.1258	2.2091
May	2.3320	2.2092	2.2870
June	2.3361	2.1621	2.2541
July	2.2121	2.0750	2.1352
August	2.2191	2.0995	2.1583
September	2.2102	2.0810	2.1389
October	2.2549	2.0670	2.1885
November	2.1761	2.0546	2.1034
December	2.1184	1.9847	2.0783