YEARLY HIGH
2.3807 RSD
YEARLY LOW
1.9421 RSD
YEARLY AVERAGE
2.1392 RSD

2017 PHP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PHP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.3807. Conversely, the yearly low was recorded on September 18, dropping to 1.9421.

This high-to-low spread represents a total annual volatility of 0.4386 RSD. From a start-to-finish perspective, comparing the January average rate of 2.3403 to the December average rate of 1.9973, the exchange rate registered a net change of -14.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3807 was down 1.27% compared to the 2016 peak of 2.4113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 595,180 RSD
2016 Average 585,587 RSD
Yearly Trough Low 485,532 RSD
Transaction Impact: A difference of 109,648.56 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3780
1.9256
JanuMarcMayJulySeptNove

PHP 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: JanтАУJun) was 2.2836, compared to 1.9948 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2888 points.

H1 Avg (JanтАУJun) 2.2836
H2 Avg (JulтАУDec) 1.9948

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1241 RSD (High: 2.2114 / Low: 2.0873). On the other end, October was the most stable month, with a tight range of 0.0346 RSD (High: 1.9919 / Low: 1.9573).

June Spread (Volatile) ┬▒0.1241
October Spread (Stable) ┬▒0.0346

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 June and July, when the average rate fell by 0.1161 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.3403) against the same month in 2016 (average: 2.3745), the exchange rate shifted by -0.0342 (-1.44%).

2017 Avg (January) 2.3403
2016 Avg (January) 2.3745

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Month High Low Average
January 2.3807 2.3086 2.3403
February 2.3478 2.3128 2.3294
March 2.3391 2.2793 2.3065
April 2.3585 2.2480 2.3163
May 2.2708 2.1865 2.2313
June 2.2114 2.0873 2.1777
July 2.1045 2.0136 2.0616
August 2.0231 1.9461 1.9843
September 1.9924 1.9421 1.9633
October 1.9919 1.9573 1.9751
November 2.0035 1.9650 1.9869
December 2.0172 1.9695 1.9973