YEARLY HIGH
36.2050 RSD
YEARLY LOW
29.9565 RSD
YEARLY AVERAGE
33.0266 RSD

2017 PEN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 36.2050. Conversely, the yearly low was recorded on November 2, dropping to 29.9565.

This high-to-low spread represents a total annual volatility of 6.2485 RSD. From a start-to-finish perspective, comparing the January average rate of 34.8733 to the December average rate of 30.9553, the exchange rate registered a net change of -11.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 36.2050 was up 2.82% compared to the 2016 peak of 35.2137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 181,025 RSD
2016 Average 164,861 RSD
Yearly Trough Low 149,782 RSD
Transaction Impact: A difference of 31,242.51 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

36.2287
30.3408
JanuMarcMayJulySeptNove

PEN 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 34.8060, compared to 31.2471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5589 points.

H1 Avg (Jan–Jun) 34.8060
H2 Avg (Jul–Dec) 31.2471

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.6511 RSD (High: 31.6076 / Low: 29.9565). On the other end, September was the most stable month, with a tight range of 0.4808 RSD (High: 31.0601 / Low: 30.5793).

November Spread (Volatile) ±1.6511
September Spread (Stable) ±0.4808

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 1.5302 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.5302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 35.7380) against the same month in 2016 (average: 31.5528), the exchange rate shifted by +4.1852 (+13.26%).

2017 Avg (February) 35.7380
2016 Avg (February) 31.5528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.2070 34.3884 34.8733
February 36.2050 35.1979 35.7380
March 35.9729 35.2158 35.5016
April 36.0256 34.6447 35.5047
May 34.8057 33.2993 33.9745
June 33.4987 32.4472 33.2441
July 32.6712 31.3682 32.1335
August 31.5383 30.7362 31.1922
September 31.0601 30.5793 30.8315
October 31.6775 30.8476 31.2041
November 31.6076 29.9565 31.1662
December 31.4763 30.3983 30.9553