2016 BHD to RSD Historical Review

YEARLY HIGH

315.7485 RSD

YEARLY LOW

282.9467 RSD

YEARLY AVERAGE

295.0065 RSD

2016 BHD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BHD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 315.7485. Conversely, the yearly low was recorded on May 3, dropping to 282.9467.

This high-to-low spread represents a total annual volatility of 32.8018 RSD. From a start-to-finish perspective, comparing the January average rate of 299.3701 to the December average rate of 310.5504, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 315.7485 was up 3.83% compared to the 2015 peak of 304.1067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,578,743 RSD

2015 Average 1,442,321 RSD

Yearly Trough Low 1,414,734 RSD

Transaction Impact: A difference of 164,008.90 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

312.8769

284.9592

JanuMarcMayJulySeptNove

BHD 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 292.1758, compared to 297.8373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6615 points.

H1 Avg (Jan–Jun) 292.1758

H2 Avg (Jul–Dec) 297.8373

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 16.9697 RSD (High: 309.6708 / Low: 292.7011). On the other end, September was the most stable month, with a tight range of 2.5591 RSD (High: 292.9285 / Low: 290.3693).

November Spread (Volatile) ±16.9697

September Spread (Stable) ±2.5591

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 6.0995 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.0995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 310.5504) against the same month in 2015 (average: 296.4105), the exchange rate shifted by +14.1399 (+4.77%).

2016 Avg (December) 310.5504

2015 Avg (December) 296.4105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	302.2083	296.5163	299.3701
February	299.8028	288.0663	293.3574
March	301.3640	286.6857	293.3851
April	290.3044	283.9320	287.2857
May	294.2177	282.9467	288.5061
June	297.5220	287.4130	291.1504
July	297.5965	292.7354	295.2063
August	294.5990	288.6392	291.4963
September	292.9285	290.3693	291.4839
October	300.2786	290.4794	295.7983
November	309.6708	292.7011	302.4885
December	315.7485	304.3454	310.5504