2011 RSD to RON Historical Review

YEARLY HIGH

0.0440 RON

YEARLY LOW

0.0396 RON

YEARLY AVERAGE

0.0417 RON

2011 RSD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 0.0440. Conversely, the yearly low was recorded on March 24, dropping to 0.0396.

This high-to-low spread represents a total annual volatility of 0.0043 RON. From a start-to-finish perspective, comparing the January average rate of 0.0407 to the December average rate of 0.0420, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0440 was down 0.76% compared to the 2010 peak of 0.0443, 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 220 RON

2010 Average 205 RON

Yearly Trough Low 198 RON

Transaction Impact: A difference of 21.59 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0434

0.0401

JanuMarcMayJulySeptNove

RSD to RON 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 0.0412, compared to 0.0423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0412

H2 Avg (Jul–Dec) 0.0423

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0021 RON (High: 0.0438 / Low: 0.0417). On the other end, April was the most stable month, with a tight range of 0.0009 RON (High: 0.0411 / Low: 0.0402).

November Spread (Volatile) ±0.0021

April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0431) against the same month in 2010 (average: 0.0387), the exchange rate shifted by +0.0044 (+11.37%).

2011 Avg (October) 0.0431

2010 Avg (October) 0.0387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0412	0.0401	0.0407
February	0.0417	0.0407	0.0412
March	0.0410	0.0396	0.0404
April	0.0411	0.0402	0.0405
May	0.0429	0.0410	0.0420
June	0.0429	0.0413	0.0422
July	0.0425	0.0405	0.0416
August	0.0421	0.0412	0.0417
September	0.0434	0.0418	0.0425
October	0.0440	0.0422	0.0431
November	0.0438	0.0417	0.0426
December	0.0429	0.0409	0.0420