2012 TND to RSD Historical Review

YEARLY HIGH

59.9709 RSD

YEARLY LOW

53.1165 RSD

YEARLY AVERAGE

56.2308 RSD

2012 TND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 59.9709. Conversely, the yearly low was recorded on February 2, dropping to 53.1165.

This high-to-low spread represents a total annual volatility of 6.8544 RSD. From a start-to-finish perspective, comparing the January average rate of 53.7814 to the December average rate of 55.3528, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 59.9709 was up 7.35% compared to the 2011 peak of 55.8660, 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 299,854 RSD

2011 Average 259,769 RSD

Yearly Trough Low 265,583 RSD

Transaction Impact: A difference of 34,271.77 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

59.5451

53.2574

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 55.5098, compared to 56.9517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4419 points.

H1 Avg (Jan–Jun) 55.5098

H2 Avg (Jul–Dec) 56.9517

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 3.8335 RSD (High: 58.6822 / Low: 54.8487). On the other end, March was the most stable month, with a tight range of 0.6057 RSD (High: 55.8319 / Low: 55.2261).

May Spread (Volatile) ±3.8335

March Spread (Stable) ±0.6057

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 1.6995 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.6995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 58.5106) against the same month in 2011 (average: 51.7635), the exchange rate shifted by +6.7471 (+13.03%).

2012 Avg (July) 58.5106

2011 Avg (July) 51.7635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.5827	53.3252	53.7814
February	55.2986	53.1165	54.4680
March	55.8319	55.2261	55.5064
April	56.1864	54.8165	55.5065
May	58.6822	54.8487	56.2193
June	58.6970	56.6830	57.5774
July	59.9709	57.1674	58.5106
August	59.7941	58.4913	59.0211
September	58.8632	56.3850	57.3216
October	56.9943	54.7102	55.9655
November	56.1297	54.8388	55.5386
December	55.9845	54.9390	55.3528