2013 SBD to RSD Historical Review

YEARLY HIGH

12.4066 RSD

YEARLY LOW

11.4034 RSD

YEARLY AVERAGE

11.9012 RSD

2013 SBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 12.4066. Conversely, the yearly low was recorded on February 6, dropping to 11.4034.

This high-to-low spread represents a total annual volatility of 1.0032 RSD. From a start-to-finish perspective, comparing the January average rate of 11.8673 to the December average rate of 11.6446, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 12.4066 was down 10.28% compared to the 2012 peak of 13.8288, 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 62,033 RSD

2012 Average 61,644 RSD

Yearly Trough Low 57,017 RSD

Transaction Impact: A difference of 5,015.96 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

12.2698

11.5877

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 11.9074, compared to 11.8950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0124 points.

H1 Avg (Jan–Jun) 11.9074

H2 Avg (Jul–Dec) 11.8950

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.7042 RSD (High: 12.1253 / Low: 11.4212). On the other end, November was the most stable month, with a tight range of 0.1975 RSD (High: 11.8709 / Low: 11.6734).

January Spread (Volatile) ±0.7042

November Spread (Stable) ±0.1975

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 0.3498 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 12.0906) against the same month in 2012 (average: 11.7330), the exchange rate shifted by +0.3576 (+3.05%).

2013 Avg (March) 12.0906

2012 Avg (March) 11.7330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.1253	11.4212	11.8673
February	11.9959	11.4034	11.7544
March	12.4066	11.8987	12.0906
April	12.2749	11.6701	11.8518
May	12.0178	11.4257	11.8440
June	12.2332	11.8363	12.0362
July	12.3744	12.0434	12.2130
August	12.1755	11.8969	12.0185
September	12.2636	11.8324	12.0391
October	11.9153	11.4834	11.6893
November	11.8709	11.6734	11.7654
December	11.8333	11.4918	11.6446