2010 TOP to RSD Historical Review

YEARLY HIGH

43.9008 RSD

YEARLY LOW

34.5661 RSD

YEARLY AVERAGE

40.3125 RSD

2010 TOP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the TOP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 43.9008. Conversely, the yearly low was recorded on January 4, dropping to 34.5661.

This high-to-low spread represents a total annual volatility of 9.3346 RSD. From a start-to-finish perspective, comparing the January average rate of 35.7230 to the December average rate of 42.7855, the exchange rate registered a net change of 19.77% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 219,504 RSD

Yearly Average 201,562 RSD

Yearly Trough Low 172,831 RSD

Transaction Impact: A difference of 46,673.20 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

43.4918

35.0167

JanuMarcMayJulySeptNove

TOP 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 38.6906, compared to 41.9344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2437 points.

H1 Avg (Jan–Jun) 38.6906

H2 Avg (Jul–Dec) 41.9344

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 3.5912 RSD (High: 43.5650 / Low: 39.9738). On the other end, April was the most stable month, with a tight range of 0.6037 RSD (High: 38.8734 / Low: 38.2697).

November Spread (Volatile) ±3.5912

April Spread (Stable) ±0.6037

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.9104 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.9104

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 42.7855.

2010 Avg (December) 42.7855

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.8289	34.5661	35.7230
February	37.9464	36.4356	37.2825
March	39.5207	37.5726	38.1896
April	38.8734	38.2697	38.5534
May	41.1659	38.3995	39.6273
June	43.7737	41.9431	42.7680
July	43.1801	41.3703	41.8576
August	43.1076	41.3569	41.8130
September	42.2246	41.2860	41.6398
October	43.2063	40.1185	41.8328
November	43.5650	39.9738	41.6775
December	43.9008	41.4046	42.7855