2016 AOA to RSD Historical Review

YEARLY HIGH

0.8373 RSD

YEARLY LOW

0.6432 RSD

YEARLY AVERAGE

0.6838 RSD

2016 AOA to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AOA to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.8373. Conversely, the yearly low was recorded on May 3, dropping to 0.6432.

This high-to-low spread represents a total annual volatility of 0.1940 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7602 to the December average rate of 0.7062, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8373 was down 21.54% compared to the 2015 peak of 1.0672, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,186 RSD

2015 Average 4,587 RSD

Yearly Trough Low 3,216 RSD

Transaction Impact: A difference of 970.18 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7706

0.6456

JanuMarcMayJulySeptNove

AOA 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 0.6895, compared to 0.6781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.6895

H2 Avg (Jul–Dec) 0.6781

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1155 RSD (High: 0.8373 / Low: 0.7218). On the other end, September was the most stable month, with a tight range of 0.0058 RSD (High: 0.6668 / Low: 0.6611).

January Spread (Volatile) ±0.1155

September Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0573 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7602) against the same month in 2015 (average: 1.0184), the exchange rate shifted by -0.2582 (-25.35%).

2016 Avg (January) 0.7602

2015 Avg (January) 1.0184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8373	0.7218	0.7602
February	0.7258	0.6910	0.7029
March	0.7152	0.6729	0.6946
April	0.6719	0.6458	0.6609
May	0.6694	0.6432	0.6561
June	0.6769	0.6538	0.6622
July	0.6782	0.6667	0.6726
August	0.6708	0.6570	0.6638
September	0.6668	0.6611	0.6636
October	0.6836	0.6612	0.6735
November	0.7049	0.6663	0.6886
December	0.7172	0.6924	0.7062