2012 SBD to RSD Historical Review

YEARLY HIGH

13.8288 RSD

YEARLY LOW

10.7220 RSD

YEARLY AVERAGE

12.3270 RSD

2012 SBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 13.8288. Conversely, the yearly low was recorded on January 1, dropping to 10.7220.

This high-to-low spread represents a total annual volatility of 3.1068 RSD. From a start-to-finish perspective, comparing the January average rate of 11.0887 to the December average rate of 12.1761, the exchange rate registered a net change of 9.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 13.8288 was up 28.98% compared to the 2011 peak of 10.7220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SBD based on timing:

Yearly Peak High 69,144 RSD

2011 Average 48,033 RSD

Yearly Trough Low 53,610 RSD

Transaction Impact: A difference of 15,534.10 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

13.6947

10.8517

JanuMarcMayJulySeptNove

SBD to RSD 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 11.9413, compared to 12.7127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7713 points.

H1 Avg (Jan–Jun) 11.9413

H2 Avg (Jul–Dec) 12.7127

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 1.0817 RSD (High: 13.8288 / Low: 12.7471). On the other end, March was the most stable month, with a tight range of 0.1619 RSD (High: 11.8243 / Low: 11.6624).

July Spread (Volatile) ±1.0817

March Spread (Stable) ±0.1619

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7172 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.7172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 13.2131) against the same month in 2011 (average: 9.6481), the exchange rate shifted by +3.5651 (+36.95%).

2012 Avg (July) 13.2131

2011 Avg (July) 9.6481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3562	10.7220	11.0887
February	11.8111	11.2772	11.5931
March	11.8243	11.6624	11.7330
April	11.9236	11.7264	11.8672
May	12.9211	11.8406	12.2222
June	13.4539	12.9568	13.1440
July	13.8288	12.7471	13.2131
August	13.7507	13.2378	13.4578
September	13.3199	12.3838	12.7406
October	12.5516	12.0213	12.3071
November	12.5449	12.1399	12.3812
December	12.4295	12.0131	12.1761