2012 VUV to RSD Historical Review

YEARLY HIGH

1.0731 RSD

YEARLY LOW

0.8715 RSD

YEARLY AVERAGE

0.9622 RSD

2012 VUV to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VUV to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 1.0731. Conversely, the yearly low was recorded on January 10, dropping to 0.8715.

This high-to-low spread represents a total annual volatility of 0.2017 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8830 to the December average rate of 0.9501, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0731 was up 22.74% compared to the 2011 peak of 0.8743, 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 5,366 RSD

2011 Average 4,014 RSD

Yearly Trough Low 4,357 RSD

Transaction Impact: A difference of 1,008.39 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0531

0.8676

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 0.9356, compared to 0.9887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0531 points.

H1 Avg (Jan–Jun) 0.9356

H2 Avg (Jul–Dec) 0.9887

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0852 RSD (High: 1.0731 / Low: 0.9880). On the other end, April was the most stable month, with a tight range of 0.0203 RSD (High: 0.9459 / Low: 0.9257).

July Spread (Volatile) ±0.0852

April Spread (Stable) ±0.0203

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 0.0466 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.0372) against the same month in 2011 (average: 0.8092), the exchange rate shifted by +0.2280 (+28.17%).

2012 Avg (July) 1.0372

2011 Avg (July) 0.8092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8927	0.8715	0.8830
February	0.9377	0.8830	0.9182
March	0.9555	0.9276	0.9389
April	0.9459	0.9257	0.9373
May	0.9872	0.9309	0.9528
June	1.0102	0.9559	0.9834
July	1.0731	0.9880	1.0372
August	1.0588	1.0167	1.0376
September	1.0343	0.9751	0.9910
October	0.9816	0.9327	0.9580
November	0.9694	0.9419	0.9584
December	0.9683	0.9361	0.9501