2012 RSD to VEF Historical Review

YEARLY HIGH

0.0537 VEF

YEARLY LOW

0.0439 VEF

YEARLY AVERAGE

0.0490 VEF

2012 RSD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the RSD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0537. Conversely, the yearly low was recorded on July 25, dropping to 0.0439.

This high-to-low spread represents a total annual volatility of 0.0098 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0497, the exchange rate registered a net change of -5.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0537 was down 16.91% compared to the 2011 peak of 0.0647, 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 269 VEF

2011 Average 294 VEF

Yearly Trough Low 220 VEF

Transaction Impact: A difference of 48.99 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0536

0.0444

JanuMarcMayJulySeptNove

RSD to VEF 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 0.0504, compared to 0.0476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0504

H2 Avg (Jul–Dec) 0.0476

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0056 VEF (High: 0.0509 / Low: 0.0453). On the other end, March was the most stable month, with a tight range of 0.0011 VEF (High: 0.0517 / Low: 0.0506).

May Spread (Volatile) ±0.0056

March Spread (Stable) ±0.0011

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 April and May, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 0.0525) against the same month in 2011 (average: 0.0568), the exchange rate shifted by -0.0043 (-7.58%).

2012 Avg (February) 0.0525

2011 Avg (February) 0.0568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0534	0.0521	0.0528
February	0.0537	0.0519	0.0525
March	0.0517	0.0506	0.0512
April	0.0516	0.0504	0.0508
May	0.0509	0.0453	0.0485
June	0.0476	0.0454	0.0466
July	0.0471	0.0439	0.0453
August	0.0459	0.0442	0.0451
September	0.0488	0.0456	0.0476
October	0.0504	0.0479	0.0490
November	0.0498	0.0483	0.0488
December	0.0503	0.0487	0.0497