2013 RSD to TOP Historical Review

YEARLY HIGH

0.0223 TOP

YEARLY LOW

0.0200 TOP

YEARLY AVERAGE

0.0210 TOP

2013 RSD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the RSD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0223. Conversely, the yearly low was recorded on March 28, dropping to 0.0200.

This high-to-low spread represents a total annual volatility of 0.0023 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0222, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0223 was up 3.30% compared to the 2012 peak of 0.0216, 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 112 TOP

2012 Average 99 TOP

Yearly Trough Low 100 TOP

Transaction Impact: A difference of 11.62 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0224

0.0201

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 0.0205, compared to 0.0216 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) 0.0205

H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2013 was November, with a trading range of 0.0012 TOP (High: 0.0221 / Low: 0.0210). On the other end, December was the most stable month, with a tight range of 0.0004 TOP (High: 0.0223 / Low: 0.0220).

November Spread (Volatile) ±0.0012

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0222) against the same month in 2012 (average: 0.0201), the exchange rate shifted by +0.0020 (+10.16%).

2013 Avg (December) 0.0222

2012 Avg (December) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0210	0.0202	0.0206
February	0.0212	0.0203	0.0208
March	0.0205	0.0200	0.0203
April	0.0207	0.0201	0.0203
May	0.0207	0.0201	0.0205
June	0.0212	0.0201	0.0207
July	0.0214	0.0209	0.0212
August	0.0218	0.0213	0.0216
September	0.0219	0.0212	0.0214
October	0.0219	0.0212	0.0216
November	0.0221	0.0210	0.0215
December	0.0223	0.0220	0.0222