2017 RSD to CVE Historical Review

YEARLY HIGH

0.9400 CVE

YEARLY LOW

0.8810 CVE

YEARLY AVERAGE

0.9120 CVE

2017 RSD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RSD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.9400. Conversely, the yearly low was recorded on January 2, dropping to 0.8810.

This high-to-low spread represents a total annual volatility of 0.0590 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8927 to the December average rate of 0.9304, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9400 was up 3.53% compared to the 2016 peak of 0.9080, 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 4,700 CVE

2016 Average 4,480 CVE

Yearly Trough Low 4,405 CVE

Transaction Impact: A difference of 295.24 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9363

0.8887

JanuMarcMayJulySeptNove

RSD to CVE 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 0.8970, compared to 0.9269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.8970

H2 Avg (Jul–Dec) 0.9269

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0224 CVE (High: 0.9034 / Low: 0.8810). On the other end, February was the most stable month, with a tight range of 0.0043 CVE (High: 0.8941 / Low: 0.8898).

January Spread (Volatile) ±0.0224

February Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0019 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.9304) against the same month in 2016 (average: 0.8941), the exchange rate shifted by +0.0363 (+4.06%).

2017 Avg (December) 0.9304

2016 Avg (December) 0.8941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9034	0.8810	0.8927
February	0.8941	0.8898	0.8926
March	0.9019	0.8888	0.8934
April	0.9003	0.8899	0.8952
May	0.9084	0.8956	0.9004
June	0.9173	0.8993	0.9079
July	0.9259	0.9132	0.9191
August	0.9363	0.9204	0.9256
September	0.9311	0.9203	0.9279
October	0.9306	0.9143	0.9264
November	0.9371	0.9239	0.9323
December	0.9400	0.9224	0.9304