2016 BGN to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 63.3822. Conversely, the yearly low was recorded on January 3, dropping to 62.1521.
This high-to-low spread represents a total annual volatility of 1.2301 RSD. From a start-to-finish perspective, comparing the January average rate of 62.6791 to the December average rate of 63.0510, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 63.3822 was up 0.34% compared to the 2015 peak of 63.1681, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BGN to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 62.8553, compared to 62.9724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1171 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 1.0194 RSD (High: 63.1920 / Low: 62.1726). On the other end, October was the most stable month, with a tight range of 0.1718 RSD (High: 62.9909 / Low: 62.8192).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 0.1843 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 63.1030) against the same month in 2015 (average: 61.6169), the exchange rate shifted by +1.4861 (+2.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.1057 | 62.1521 | 62.6791 |
| February | 63.1920 | 62.1726 | 62.7860 |
| March | 63.1552 | 62.7237 | 62.9655 |
| April | 62.8837 | 62.5830 | 62.7812 |
| May | 63.1017 | 62.5834 | 62.8170 |
| June | 63.3822 | 62.9052 | 63.1030 |
| July | 63.1321 | 62.9369 | 63.0371 |
| August | 63.1227 | 62.6277 | 62.9712 |
| September | 63.0953 | 62.8364 | 62.9649 |
| October | 62.9909 | 62.8192 | 62.9081 |
| November | 63.0653 | 62.5317 | 62.9023 |
| December | 63.2309 | 62.8413 | 63.0510 |