2017 VEF to RSD Historical Review

YEARLY HIGH

11.8741 RSD

YEARLY LOW

9.2697 RSD

YEARLY AVERAGE

10.6724 RSD

2017 VEF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 11.8741. Conversely, the yearly low was recorded on November 2, dropping to 9.2697.

This high-to-low spread represents a total annual volatility of 2.6045 RSD. From a start-to-finish perspective, comparing the January average rate of 11.6562 to the December average rate of 9.7557, the exchange rate registered a net change of -16.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.8741 was down 34.09% compared to the 2016 peak of 18.0165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,371 RSD

2016 Average 63,767 RSD

Yearly Trough Low 46,348 RSD

Transaction Impact: A difference of 13,022.47 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.8494

9.5654

JanuMarcMayJulySeptNove

VEF 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 11.3746, compared to 9.9702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4044 points.

H1 Avg (Jan–Jun) 11.3746

H2 Avg (Jul–Dec) 9.9702

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.9706 RSD (High: 10.2403 / Low: 9.2697). On the other end, February was the most stable month, with a tight range of 0.2480 RSD (High: 11.7628 / Low: 11.5147).

November Spread (Volatile) ±0.9706

February Spread (Stable) ±0.2480

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 June and July, when the average rate fell by 0.4822 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 11.6562) against the same month in 2016 (average: 17.8525), the exchange rate shifted by -6.1963 (-34.71%).

2017 Avg (January) 11.6562

2016 Avg (January) 17.8525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8741	11.4885	11.6562
February	11.7628	11.5147	11.6591
March	11.7840	11.4373	11.5977
April	11.7203	11.0929	11.4776
May	11.2886	10.7488	11.0385
June	10.9707	10.4060	10.8186
July	10.5585	10.0165	10.3364
August	10.1366	9.7777	9.9632
September	10.1446	9.7519	9.9399
October	10.2899	9.6538	10.0400
November	10.2403	9.2697	9.7862
December	10.1136	9.2964	9.7557