2013 RSD to VEF Historical Review

YEARLY HIGH

0.0763 VEF

YEARLY LOW

0.0496 VEF

YEARLY AVERAGE

0.0684 VEF

2013 RSD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the RSD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.0763. Conversely, the yearly low was recorded on March 21, dropping to 0.0496.

This high-to-low spread represents a total annual volatility of 0.0267 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0510 to the December average rate of 0.0751, the exchange rate registered a net change of 47.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0763 was up 42.05% compared to the 2012 peak of 0.0537, 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 382 VEF

2012 Average 245 VEF

Yearly Trough Low 248 VEF

Transaction Impact: A difference of 133.39 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0776

0.0486

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 0.0629, compared to 0.0740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.0629

H2 Avg (Jul–Dec) 0.0740

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0231 VEF (High: 0.0727 / Low: 0.0496). On the other end, August was the most stable month, with a tight range of 0.0011 VEF (High: 0.0738 / Low: 0.0727).

March Spread (Volatile) ±0.0231

August Spread (Stable) ±0.0011

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 May and June, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2013: 0.0752) against the same month in 2012 (average: 0.0490), the exchange rate shifted by +0.0263 (+53.63%).

2013 Avg (October) 0.0752

2012 Avg (October) 0.0490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0523	0.0500	0.0510
February	0.0529	0.0504	0.0515
March	0.0727	0.0496	0.0550
April	0.0746	0.0721	0.0735
May	0.0749	0.0728	0.0736
June	0.0739	0.0717	0.0728
July	0.0735	0.0707	0.0723
August	0.0738	0.0727	0.0735
September	0.0744	0.0722	0.0733
October	0.0763	0.0743	0.0752
November	0.0750	0.0736	0.0744
December	0.0757	0.0745	0.0751