2017 BND to RSD Historical Review

YEARLY HIGH

83.6917 RSD

YEARLY LOW

73.5077 RSD

YEARLY AVERAGE

77.9436 RSD

2017 BND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 83.6917. Conversely, the yearly low was recorded on August 28, dropping to 73.5077.

This high-to-low spread represents a total annual volatility of 10.1840 RSD. From a start-to-finish perspective, comparing the January average rate of 81.4449 to the December average rate of 74.6108, the exchange rate registered a net change of -8.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 83.6917 was up 1.09% compared to the 2016 peak of 82.7917, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 418,459 RSD

2016 Average 402,872 RSD

Yearly Trough Low 367,538 RSD

Transaction Impact: A difference of 50,920.09 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

83.3114

73.3355

JanuMarcMayJulySeptNove

BND 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 81.1531, compared to 74.7341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4189 points.

H1 Avg (Jan–Jun) 81.1531

H2 Avg (Jul–Dec) 74.7341

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 2.8789 RSD (High: 79.3280 / Low: 76.4491). On the other end, January was the most stable month, with a tight range of 0.9296 RSD (High: 82.0319 / Low: 81.1024).

June Spread (Volatile) ±2.8789

January Spread (Stable) ±0.9296

Growth Streaks & Declines

Trends

Between 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 2.7557 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 82.3639) against the same month in 2016 (average: 78.7581), the exchange rate shifted by +3.6058 (+4.58%).

2017 Avg (February) 82.3639

2016 Avg (February) 78.7581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	82.0319	81.1024	81.4449
February	83.6917	81.3493	82.3639
March	83.3691	81.6330	82.4353
April	83.4361	80.5712	82.4801
May	81.0892	78.6552	79.7244
June	79.3280	76.4491	78.4698
July	76.9330	74.9271	76.1119
August	74.9657	73.5077	74.3053
September	74.8108	73.6124	74.1668
October	75.2141	74.1569	74.5765
November	75.2468	73.8542	74.6333
December	75.3134	73.7075	74.6108