2011 TJS to RSD Historical Review

YEARLY HIGH

18.6597 RSD

YEARLY LOW

14.5872 RSD

YEARLY AVERAGE

15.8864 RSD

2011 TJS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TJS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 18.6597. Conversely, the yearly low was recorded on June 6, dropping to 14.5872.

This high-to-low spread represents a total annual volatility of 4.0725 RSD. From a start-to-finish perspective, comparing the January average rate of 17.8266 to the December average rate of 16.4269, the exchange rate registered a net change of -7.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 18.6597 was down 5.59% compared to the 2010 peak of 19.7645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,298 RSD

2010 Average 88,210 RSD

Yearly Trough Low 72,936 RSD

Transaction Impact: A difference of 20,362.50 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

18.1120

14.6873

JanuMarcMayJulySeptNove

TJS 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 16.2220, compared to 15.5507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6713 points.

H1 Avg (Jan–Jun) 16.2220

H2 Avg (Jul–Dec) 15.5507

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.4563 RSD (High: 18.6597 / Low: 17.2034). On the other end, February was the most stable month, with a tight range of 0.4387 RSD (High: 17.3604 / Low: 16.9216).

January Spread (Volatile) ±1.4563

February Spread (Stable) ±0.4387

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.9338 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 17.8266) against the same month in 2010 (average: 15.5397), the exchange rate shifted by +2.2869 (+14.72%).

2011 Avg (January) 17.8266

2010 Avg (January) 15.5397

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.6597	17.2034	17.8266
February	17.3604	16.9216	17.1683
March	17.1268	16.1842	16.5953
April	16.2720	14.8584	15.6615
May	15.6470	14.7314	15.1076
June	15.3784	14.5872	14.9727
July	15.6073	14.8151	15.2102
August	15.3316	14.6840	15.0377
September	15.9418	14.7341	15.3535
October	16.1532	14.8261	15.3926
November	16.3491	15.3252	15.8834
December	17.1665	16.0729	16.4269