2017 AZN to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AZN to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 70.0694. Conversely, the yearly low was recorded on December 29, dropping to 57.9444.
This high-to-low spread represents a total annual volatility of 12.1250 RSD. From a start-to-finish perspective, comparing the January average rate of 62.8515 to the December average rate of 59.1806, the exchange rate registered a net change of -5.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 70.0694 was down 6.16% compared to the 2016 peak of 74.6662, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
AZN to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 65.3244, compared to 59.8515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4729 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 7.3060 RSD (High: 66.3229 / Low: 59.0169). On the other end, October was the most stable month, with a tight range of 1.2143 RSD (High: 60.4960 / Low: 59.2817).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.4782 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 68.4563) against the same month in 2016 (average: 71.4078), the exchange rate shifted by -2.9515 (-4.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 65.7564 | 58.9433 | 62.8515 |
| February | 66.3229 | 59.0169 | 63.8448 |
| March | 67.7357 | 65.2783 | 66.7306 |
| April | 70.0694 | 66.3984 | 68.4563 |
| May | 67.5528 | 64.0618 | 65.9780 |
| June | 64.7873 | 62.5382 | 64.0854 |
| July | 63.0824 | 60.2206 | 61.8225 |
| August | 60.4242 | 58.5706 | 59.6997 |
| September | 60.1572 | 58.3218 | 58.9891 |
| October | 60.4960 | 59.2817 | 59.8690 |
| November | 60.3341 | 58.8203 | 59.5481 |
| December | 59.9477 | 57.9444 | 59.1806 |