2017 NGN to RSD Historical Review

YEARLY HIGH

0.3849 RSD

YEARLY LOW

0.2743 RSD

YEARLY AVERAGE

0.3253 RSD

2017 NGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.3849. Conversely, the yearly low was recorded on December 31, dropping to 0.2743.

This high-to-low spread represents a total annual volatility of 0.1106 RSD. From a start-to-finish perspective, comparing the January average rate of 0.3719 to the December average rate of 0.2792, the exchange rate registered a net change of -24.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3849 was down 32.69% compared to the 2016 peak of 0.5718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 384,854 RSD

2016 Average 452,588 RSD

Yearly Trough Low 274,269 RSD

Transaction Impact: A difference of 110,584.73 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3812

0.2697

JanuMarcMayJulySeptNove

NGN 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 0.3614, compared to 0.2893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0722 points.

H1 Avg (Jan–Jun) 0.3614

H2 Avg (Jul–Dec) 0.2893

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0466 RSD (High: 0.3220 / Low: 0.2754). On the other end, October was the most stable month, with a tight range of 0.0063 RSD (High: 0.2863 / Low: 0.2800).

August Spread (Volatile) ±0.0466

October Spread (Stable) ±0.0063

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 July and August, when the average rate fell by 0.0461 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3719) against the same month in 2016 (average: 0.5667), the exchange rate shifted by -0.1949 (-34.38%).

2017 Avg (January) 0.3719

2016 Avg (January) 0.5667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3849	0.3637	0.3719
February	0.3766	0.3632	0.3694
March	0.3773	0.3626	0.3691
April	0.3802	0.3566	0.3663
May	0.3592	0.3363	0.3507
June	0.3478	0.3033	0.3412
July	0.3429	0.2987	0.3298
August	0.3220	0.2754	0.2837
September	0.2848	0.2743	0.2790
October	0.2863	0.2800	0.2825
November	0.2873	0.2775	0.2814
December	0.2832	0.2743	0.2792