2013 VEF to RSD Historical Review

YEARLY HIGH

20.1476 RSD

YEARLY LOW

13.1041 RSD

YEARLY AVERAGE

14.9730 RSD

2013 VEF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the VEF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 20.1476. Conversely, the yearly low was recorded on October 21, dropping to 13.1041.

This high-to-low spread represents a total annual volatility of 7.0435 RSD. From a start-to-finish perspective, comparing the January average rate of 19.6040 to the December average rate of 13.3080, the exchange rate registered a net change of -32.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 20.1476 was down 11.51% compared to the 2012 peak of 22.7676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,738 RSD

2012 Average 102,357 RSD

Yearly Trough Low 65,520 RSD

Transaction Impact: A difference of 35,217.63 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

20.2349

12.6641

JanuMarcMayJulySeptNove

VEF 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 16.4259, compared to 13.5200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9060 points.

H1 Avg (Jan–Jun) 16.4259

H2 Avg (Jul–Dec) 13.5200

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 6.3983 RSD (High: 20.1476 / Low: 13.7493). On the other end, December was the most stable month, with a tight range of 0.2058 RSD (High: 13.4239 / Low: 13.2181).

March Spread (Volatile) ±6.3983

December Spread (Stable) ±0.2058

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 5.0101 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 18.6135) against the same month in 2012 (average: 19.5136), the exchange rate shifted by -0.9000 (-4.61%).

2013 Avg (March) 18.6135

2012 Avg (March) 19.5136

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.0135	19.1119	19.6040
February	19.8277	18.9191	19.4063
March	20.1476	13.7493	18.6135
April	13.8695	13.3962	13.6034
May	13.7331	13.3560	13.5827
June	13.9501	13.5260	13.7457
July	14.1365	13.6140	13.8342
August	13.7554	13.5483	13.6070
September	13.8585	13.4386	13.6431
October	13.4603	13.1041	13.2950
November	13.5821	13.3299	13.4325
December	13.4239	13.2181	13.3080