2017 GMD to RSD Historical Review

YEARLY HIGH

2.7636 RSD

YEARLY LOW

2.0668 RSD

YEARLY AVERAGE

2.3560 RSD

2017 GMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.7636. Conversely, the yearly low was recorded on December 29, dropping to 2.0668.

This high-to-low spread represents a total annual volatility of 0.6967 RSD. From a start-to-finish perspective, comparing the January average rate of 2.6738 to the December average rate of 2.1134, the exchange rate registered a net change of -20.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.7636 was down 4.57% compared to the 2016 peak of 2.8960, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,818 RSD

2016 Average 13,259 RSD

Yearly Trough Low 10,334 RSD

Transaction Impact: A difference of 3,483.73 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.7298

2.0573

JanuMarcMayJulySeptNove

GMD 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 2.5375, compared to 2.1744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3630 points.

H1 Avg (Jan–Jun) 2.5375

H2 Avg (Jul–Dec) 2.1744

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.1335 RSD (High: 2.7636 / Low: 2.6300). On the other end, September was the most stable month, with a tight range of 0.0560 RSD (High: 2.2044 / Low: 2.1484).

January Spread (Volatile) ±0.1335

September Spread (Stable) ±0.0560

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 0.1406 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.6738) against the same month in 2016 (average: 2.8563), the exchange rate shifted by -0.1825 (-6.39%).

2017 Avg (January) 2.6738

2016 Avg (January) 2.8563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7636	2.6300	2.6738
February	2.6672	2.6102	2.6366
March	2.6441	2.5281	2.5897
April	2.5897	2.4876	2.5522
May	2.4801	2.3598	2.4116
June	2.3892	2.2902	2.3610
July	2.3109	2.2088	2.2671
August	2.2436	2.1610	2.2022
September	2.2044	2.1484	2.1735
October	2.2080	2.1220	2.1559
November	2.1688	2.1074	2.1346
December	2.1434	2.0668	2.1134