2017 AFN to RSD Historical Review

YEARLY HIGH

1.7725 RSD

YEARLY LOW

1.4153 RSD

YEARLY AVERAGE

1.5867 RSD

2017 AFN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.7725. Conversely, the yearly low was recorded on December 29, dropping to 1.4153.

This high-to-low spread represents a total annual volatility of 0.3572 RSD. From a start-to-finish perspective, comparing the January average rate of 1.7443 to the December average rate of 1.4509, the exchange rate registered a net change of -16.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.7725 was down 1.20% compared to the 2016 peak of 1.7941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,863 RSD

2016 Average 8,209 RSD

Yearly Trough Low 7,077 RSD

Transaction Impact: A difference of 1,785.97 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.7737

1.4215

JanuMarcMayJulySeptNove

AFN 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 1.6941, compared to 1.4793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2149 points.

H1 Avg (Jan–Jun) 1.6941

H2 Avg (Jul–Dec) 1.4793

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0771 RSD (High: 1.7417 / Low: 1.6645). On the other end, October was the most stable month, with a tight range of 0.0263 RSD (High: 1.5028 / Low: 1.4765).

April Spread (Volatile) ±0.0771

October Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0761 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.7443) against the same month in 2016 (average: 1.6450), the exchange rate shifted by +0.0994 (+6.04%).

2017 Avg (January) 1.7443

2016 Avg (January) 1.6450

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7725	1.7191	1.7443
February	1.7580	1.7212	1.7429
March	1.7600	1.7156	1.7369
April	1.7417	1.6645	1.7113
May	1.6698	1.5968	1.6352
June	1.6095	1.5543	1.5942
July	1.5618	1.4978	1.5289
August	1.4942	1.4547	1.4771
September	1.4816	1.4445	1.4596
October	1.5028	1.4765	1.4856
November	1.4920	1.4569	1.4735
December	1.4796	1.4153	1.4509