2011 RSD to SGD Historical Review

YEARLY HIGH

0.0186 SGD

YEARLY LOW

0.0158 SGD

YEARLY AVERAGE

0.0172 SGD

2011 RSD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0186. Conversely, the yearly low was recorded on January 10, dropping to 0.0158.

This high-to-low spread represents a total annual volatility of 0.0028 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0164 to the December average rate of 0.0166, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0186 was down 11.66% compared to the 2010 peak of 0.0211, 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 93 SGD

2010 Average 88 SGD

Yearly Trough Low 79 SGD

Transaction Impact: A difference of 13.92 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0183

0.0162

JanuMarcMayJulySeptNove

RSD to SGD 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 0.0174, compared to 0.0170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0174

H2 Avg (Jul–Dec) 0.0170

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0012 SGD (High: 0.0178 / Low: 0.0165). On the other end, February was the most stable month, with a tight range of 0.0004 SGD (High: 0.0171 / Low: 0.0167).

July Spread (Volatile) ±0.0012

February Spread (Stable) ±0.0004

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: 0.0181) against the same month in 2010 (average: 0.0177), the exchange rate shifted by +0.0004 (+2.43%).

2011 Avg (May) 0.0181

2010 Avg (May) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0169	0.0158	0.0164
February	0.0171	0.0167	0.0169
March	0.0175	0.0168	0.0172
April	0.0183	0.0174	0.0178
May	0.0186	0.0177	0.0181
June	0.0184	0.0173	0.0179
July	0.0178	0.0165	0.0171
August	0.0173	0.0168	0.0170
September	0.0175	0.0165	0.0171
October	0.0177	0.0170	0.0175
November	0.0175	0.0165	0.0171
December	0.0168	0.0159	0.0166