2017 CVE to RSD Historical Review

YEARLY HIGH

1.1351 RSD

YEARLY LOW

1.0638 RSD

YEARLY AVERAGE

1.0968 RSD

2017 CVE to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.1351. Conversely, the yearly low was recorded on December 29, dropping to 1.0638.

This high-to-low spread represents a total annual volatility of 0.0713 RSD. From a start-to-finish perspective, comparing the January average rate of 1.1202 to the December average rate of 1.0748, the exchange rate registered a net change of -4.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1351 was down 1.39% compared to the 2016 peak of 1.1511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,675 RSD

2016 Average 5,580 RSD

Yearly Trough Low 5,319 RSD

Transaction Impact: A difference of 356.49 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1251

1.0679

JanuMarcMayJulySeptNove

CVE 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 1.1148, compared to 1.0788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 1.1148

H2 Avg (Jul–Dec) 1.0788

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0282 RSD (High: 1.1351 / Low: 1.1069). On the other end, February was the most stable month, with a tight range of 0.0054 RSD (High: 1.1239 / Low: 1.1185).

January Spread (Volatile) ±0.0282

February Spread (Stable) ±0.0054

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 June and July, when the average rate fell by 0.0135 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.1202) against the same month in 2016 (average: 1.1118), the exchange rate shifted by +0.0084 (+0.76%).

2017 Avg (January) 1.1202

2016 Avg (January) 1.1118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1351	1.1069	1.1202
February	1.1239	1.1185	1.1203
March	1.1251	1.1088	1.1193
April	1.1237	1.1108	1.1171
May	1.1166	1.1009	1.1106
June	1.1120	1.0902	1.1015
July	1.0950	1.0800	1.0880
August	1.0865	1.0681	1.0804
September	1.0866	1.0740	1.0777
October	1.0937	1.0745	1.0794
November	1.0824	1.0671	1.0726
December	1.0841	1.0638	1.0748