2011 RSD to YER Historical Review

YEARLY HIGH

3.2105 YER

YEARLY LOW

2.6120 YER

YEARLY AVERAGE

2.9394 YER

2011 RSD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 3.2105. Conversely, the yearly low was recorded on January 10, dropping to 2.6120.

This high-to-low spread represents a total annual volatility of 0.5985 YER. From a start-to-finish perspective, comparing the January average rate of 2.7288 to the December average rate of 2.7635, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.2105 was up 3.85% compared to the 2010 peak of 3.0914, 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 16,052 YER

2010 Average 13,892 YER

Yearly Trough Low 13,060 YER

Transaction Impact: A difference of 2,992.28 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

3.1804

2.6878

JanuMarcMayJulySeptNove

RSD to YER 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 2.9644, compared to 2.9143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0501 points.

H1 Avg (Jan–Jun) 2.9644

H2 Avg (Jul–Dec) 2.9143

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.2554 YER (High: 3.0834 / Low: 2.8279). On the other end, February was the most stable month, with a tight range of 0.0889 YER (High: 2.8802 / Low: 2.7912).

September Spread (Volatile) ±0.2554

February Spread (Stable) ±0.0889

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 0.0919 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 3.1394) against the same month in 2010 (average: 2.6998), the exchange rate shifted by +0.4396 (+16.28%).

2011 Avg (May) 3.1394

2010 Avg (May) 2.6998

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8160	2.6120	2.7288
February	2.8802	2.7912	2.8370
March	2.9752	2.8497	2.9154
April	3.1998	2.9553	3.0630
May	3.2105	3.0501	3.1394
June	3.2048	2.9976	3.1028
July	3.1172	2.9357	3.0109
August	3.0854	2.9490	3.0044
September	3.0834	2.8279	2.9423
October	3.0401	2.7972	2.9278
November	2.9419	2.7468	2.8370
December	2.8219	2.6839	2.7635