2016 AZN to RSD Historical Review

YEARLY HIGH

74.6662 RSD

YEARLY LOW

65.0335 RSD

YEARLY AVERAGE

69.4376 RSD

2016 AZN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 74.6662. Conversely, the yearly low was recorded on December 31, dropping to 65.0335.

This high-to-low spread represents a total annual volatility of 9.6327 RSD. From a start-to-finish perspective, comparing the January average rate of 71.2332 to the December average rate of 66.0433, the exchange rate registered a net change of -7.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 74.6662 was down 46.71% compared to the 2015 peak of 140.1244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 373,331 RSD

2015 Average 539,508 RSD

Yearly Trough Low 325,168 RSD

Transaction Impact: A difference of 48,163.32 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

73.1365

65.3984

JanuMarcMayJulySeptNove

AZN 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 70.9708, compared to 67.9043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0665 points.

H1 Avg (Jan–Jun) 70.9708

H2 Avg (Jul–Dec) 67.9043

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 6.1583 RSD (High: 72.8154 / Low: 66.6571). On the other end, September was the most stable month, with a tight range of 1.3283 RSD (High: 67.4711 / Low: 66.1428).

March Spread (Volatile) ±6.1583

September Spread (Stable) ±1.3283

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.4248 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.4248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 72.4917) against the same month in 2015 (average: 102.9364), the exchange rate shifted by -30.4447 (-29.58%).

2016 Avg (May) 72.4917

2015 Avg (May) 102.9364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	72.3945	69.5560	71.2332
February	72.1754	68.1202	69.9598
March	72.8154	66.6571	68.5207
April	72.8832	70.4751	71.4078
May	74.6662	70.7949	72.4917
June	73.9956	70.7726	72.2118
July	72.0516	69.1653	71.0978
August	69.2448	66.3445	67.6730
September	67.4711	66.1428	66.8448
October	70.0445	67.2149	68.9272
November	67.5690	65.8634	66.8397
December	66.8855	65.0335	66.0433