2012 RSD to TOP Historical Review

YEARLY HIGH

0.0216 TOP

YEARLY LOW

0.0179 TOP

YEARLY AVERAGE

0.0198 TOP

2012 RSD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the RSD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0216. Conversely, the yearly low was recorded on August 2, dropping to 0.0179.

This high-to-low spread represents a total annual volatility of 0.0037 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0201, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0216 was down 19.45% compared to the 2011 peak of 0.0269, 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 108 TOP

2011 Average 120 TOP

Yearly Trough Low 90 TOP

Transaction Impact: A difference of 18.43 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0217

0.0181

JanuMarcMayJulySeptNove

RSD to TOP 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 0.0203, compared to 0.0194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0203

H2 Avg (Jul–Dec) 0.0194

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0015 TOP (High: 0.0195 / Low: 0.0181). On the other end, April was the most stable month, with a tight range of 0.0003 TOP (High: 0.0203 / Low: 0.0200).

July Spread (Volatile) ±0.0015

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.0214) against the same month in 2011 (average: 0.0237), the exchange rate shifted by -0.0023 (-9.76%).

2012 Avg (January) 0.0214

2011 Avg (January) 0.0237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0216	0.0211	0.0214
February	0.0212	0.0203	0.0207
March	0.0203	0.0198	0.0201
April	0.0203	0.0200	0.0201
May	0.0203	0.0190	0.0198
June	0.0198	0.0190	0.0194
July	0.0195	0.0181	0.0188
August	0.0187	0.0179	0.0184
September	0.0198	0.0186	0.0193
October	0.0204	0.0192	0.0199
November	0.0205	0.0193	0.0198
December	0.0203	0.0198	0.0201