2011 VUV to RSD Historical Review

YEARLY HIGH

0.8743 RSD

YEARLY LOW

0.7434 RSD

YEARLY AVERAGE

0.8028 RSD

2011 VUV to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VUV to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8743. Conversely, the yearly low was recorded on May 22, dropping to 0.7434.

This high-to-low spread represents a total annual volatility of 0.1309 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8371 to the December average rate of 0.8433, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8743 was down 1.14% compared to the 2010 peak of 0.8844, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,372 RSD

2010 Average 4,001 RSD

Yearly Trough Low 3,717 RSD

Transaction Impact: A difference of 654.47 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8513

0.7561

JanuMarcMayJulySeptNove

VUV 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 0.7910, compared to 0.8145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 0.7910

H2 Avg (Jul–Dec) 0.8145

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0643 RSD (High: 0.8097 / Low: 0.7454). On the other end, February was the most stable month, with a tight range of 0.0304 RSD (High: 0.8249 / Low: 0.7945).

June Spread (Volatile) ±0.0643

February Spread (Stable) ±0.0304

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 January and February, when the average rate fell by 0.0271 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.8433) against the same month in 2010 (average: 0.8512), the exchange rate shifted by -0.0079 (-0.93%).

2011 Avg (December) 0.8433

2010 Avg (December) 0.8512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8716	0.8140	0.8371
February	0.8249	0.7945	0.8101
March	0.8106	0.7671	0.7883
April	0.7900	0.7453	0.7673
May	0.7941	0.7434	0.7641
June	0.8097	0.7454	0.7792
July	0.8377	0.7828	0.8092
August	0.8219	0.7758	0.7977
September	0.8418	0.7834	0.8122
October	0.8341	0.7822	0.7975
November	0.8512	0.8015	0.8269
December	0.8743	0.8254	0.8433