2017 RSD to BIF Historical Review

YEARLY HIGH

17.8455 BIF

YEARLY LOW

14.1115 BIF

YEARLY AVERAGE

16.0718 BIF

2017 RSD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RSD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 17.8455. Conversely, the yearly low was recorded on January 3, dropping to 14.1115.

This high-to-low spread represents a total annual volatility of 3.7339 BIF. From a start-to-finish perspective, comparing the January average rate of 14.4321 to the December average rate of 17.5115, the exchange rate registered a net change of 21.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 17.8455 was up 16.31% compared to the 2016 peak of 15.3426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,227 BIF

2016 Average 72,695 BIF

Yearly Trough Low 70,558 BIF

Transaction Impact: A difference of 18,669.67 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

17.8194

14.1241

JanuMarcMayJulySeptNove

RSD to BIF 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 14.9226, compared to 17.2210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2984 points.

H1 Avg (Jan–Jun) 14.9226

H2 Avg (Jul–Dec) 17.2210

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.8421 BIF (High: 16.9740 / Low: 16.1319). On the other end, October was the most stable month, with a tight range of 0.3193 BIF (High: 17.3909 / Low: 17.0716).

July Spread (Volatile) ±0.8421

October Spread (Stable) ±0.3193

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1616 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 17.5115) against the same month in 2016 (average: 14.3178), the exchange rate shifted by +3.1937 (+22.31%).

2017 Avg (December) 17.5115

2016 Avg (December) 14.3178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.7205	14.1115	14.4321
February	14.7732	14.4131	14.5405
March	14.9938	14.3951	14.6435
April	15.0818	14.5176	14.7102
May	15.8009	14.9621	15.3229
June	16.3531	15.7419	15.8862
July	16.9740	16.1319	16.5348
August	17.4852	16.9635	17.1957
September	17.6359	17.1843	17.4445
October	17.3909	17.0716	17.2830
November	17.6110	17.1144	17.3565
December	17.8455	17.2450	17.5115