2017 GNF to RSD Historical Review

YEARLY HIGH

0.0128 RSD

YEARLY LOW

0.0109 RSD

YEARLY AVERAGE

0.0118 RSD

2017 GNF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0128. Conversely, the yearly low was recorded on December 29, dropping to 0.0109.

This high-to-low spread represents a total annual volatility of 0.0018 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0111, the exchange rate registered a net change of -10.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0128 was down 15.46% compared to the 2016 peak of 0.0151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 RSD

2016 Average 67 RSD

Yearly Trough Low 55 RSD

Transaction Impact: A difference of 9.20 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0126

0.0110

JanuMarcMayJulySeptNove

GNF 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 0.0123, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0007 RSD (High: 0.0128 / Low: 0.0121). On the other end, October was the most stable month, with a tight range of 0.0002 RSD (High: 0.0114 / Low: 0.0112).

April Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0124) against the same month in 2016 (average: 0.0143), the exchange rate shifted by -0.0018 (-12.85%).

2017 Avg (April) 0.0124

2016 Avg (April) 0.0143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0127	0.0122	0.0124
February	0.0127	0.0123	0.0124
March	0.0127	0.0122	0.0124
April	0.0128	0.0121	0.0124
May	0.0124	0.0119	0.0121
June	0.0122	0.0116	0.0120
July	0.0117	0.0113	0.0116
August	0.0115	0.0111	0.0113
September	0.0113	0.0110	0.0112
October	0.0114	0.0112	0.0113
November	0.0114	0.0111	0.0112
December	0.0113	0.0109	0.0111