2011 TTD to RSD Historical Review

YEARLY HIGH

13.0102 RSD

YEARLY LOW

10.5016 RSD

YEARLY AVERAGE

11.5702 RSD

2011 TTD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TTD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 13.0102. Conversely, the yearly low was recorded on May 5, dropping to 10.5016.

This high-to-low spread represents a total annual volatility of 2.5086 RSD. From a start-to-finish perspective, comparing the January average rate of 12.4249 to the December average rate of 12.3499, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.0102 was down 5.26% compared to the 2010 peak of 13.7330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,051 RSD

2010 Average 61,618 RSD

Yearly Trough Low 52,508 RSD

Transaction Impact: A difference of 12,543.10 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

12.5877

10.6347

JanuMarcMayJulySeptNove

TTD 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 11.4787, compared to 11.6617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1830 points.

H1 Avg (Jan–Jun) 11.4787

H2 Avg (Jul–Dec) 11.6617

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.0177 RSD (High: 13.0102 / Low: 11.9926). On the other end, February was the most stable month, with a tight range of 0.2777 RSD (High: 12.1005 / Low: 11.8228).

January Spread (Volatile) ±1.0177

February Spread (Stable) ±0.2777

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 0.5790 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 12.4249) against the same month in 2010 (average: 10.7550), the exchange rate shifted by +1.6699 (+15.53%).

2011 Avg (January) 12.4249

2010 Avg (January) 10.7550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.0102	11.9926	12.4249
February	12.1005	11.8228	11.9762
March	11.9398	11.4177	11.6575
April	11.5080	10.5778	11.0786
May	11.1663	10.5016	10.7974
June	11.2959	10.5842	10.9378
July	11.6114	10.9232	11.2874
August	11.4649	11.0349	11.2645
September	12.0026	11.0691	11.5599
October	12.1327	11.1410	11.5636
November	12.2926	11.5173	11.9451
December	12.8984	12.1072	12.3499