2017 JMD to RSD Historical Review

YEARLY HIGH

0.9207 RSD

YEARLY LOW

0.7597 RSD

YEARLY AVERAGE

0.8392 RSD

2017 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.9207. Conversely, the yearly low was recorded on September 18, dropping to 0.7597.

This high-to-low spread represents a total annual volatility of 0.1610 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9037 to the December average rate of 0.8027, the exchange rate registered a net change of -11.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9207 was down 2.34% compared to the 2016 peak of 0.9428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,604 RSD

2016 Average 4,447 RSD

Yearly Trough Low 3,799 RSD

Transaction Impact: A difference of 804.86 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9178

0.7573

JanuMarcMayJulySeptNove

JMD 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 0.8829, compared to 0.7955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0874 points.

H1 Avg (Jan–Jun) 0.8829

H2 Avg (Jul–Dec) 0.7955

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0377 RSD (High: 0.8757 / Low: 0.8380). On the other end, November was the most stable month, with a tight range of 0.0196 RSD (High: 0.8101 / Low: 0.7905).

May Spread (Volatile) ±0.0377

November Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between September and December, 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 0.0348 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.9037) against the same month in 2016 (average: 0.9367), the exchange rate shifted by -0.0329 (-3.52%).

2017 Avg (January) 0.9037

2016 Avg (January) 0.9367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9207	0.8946	0.9037
February	0.9125	0.8911	0.9045
March	0.9119	0.8854	0.9001
April	0.9076	0.8700	0.8938
May	0.8757	0.8380	0.8590
June	0.8440	0.8157	0.8363
July	0.8255	0.8023	0.8143
August	0.8020	0.7736	0.7916
September	0.7853	0.7597	0.7706
October	0.8075	0.7730	0.7923
November	0.8101	0.7905	0.8012
December	0.8130	0.7919	0.8027