2011 TND to RSD Historical Review

YEARLY HIGH

55.8660 RSD

YEARLY LOW

48.6429 RSD

YEARLY AVERAGE

51.9582 RSD

2011 TND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 55.8660. Conversely, the yearly low was recorded on June 1, dropping to 48.6429.

This high-to-low spread represents a total annual volatility of 7.2231 RSD. From a start-to-finish perspective, comparing the January average rate of 54.6774 to the December average rate of 52.7241, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 55.8660 was down 4.70% compared to the 2010 peak of 58.6200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279,330 RSD

2010 Average 271,060 RSD

Yearly Trough Low 243,215 RSD

Transaction Impact: A difference of 36,115.66 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

55.1882

49.0586

JanuMarcMayJulySeptNove

TND 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 51.9837, compared to 51.9327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 51.9837

H2 Avg (Jul–Dec) 51.9327

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 3.2181 RSD (High: 51.8610 / Low: 48.6429). On the other end, February was the most stable month, with a tight range of 1.0216 RSD (High: 53.8330 / Low: 52.8114).

June Spread (Volatile) ±3.2181

February Spread (Stable) ±1.0216

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.6610 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 54.6774) against the same month in 2010 (average: 51.1879), the exchange rate shifted by +3.4895 (+6.82%).

2011 Avg (January) 54.6774

2010 Avg (January) 51.1879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.8660	53.5024	54.6774
February	53.8330	52.8114	53.3153
March	53.6443	52.1729	52.7925
April	52.1929	49.7132	51.1314
May	50.6706	48.7096	49.5694
June	51.8610	48.6429	50.4163
July	53.2603	50.5231	51.7635
August	52.7082	50.7610	51.7991
September	52.8903	50.7797	51.6811
October	52.8597	50.5218	51.4805
November	53.2508	50.6958	52.1479
December	54.5827	51.9971	52.7241