2016 BIF to RSD Historical Review

YEARLY HIGH

0.0733 RSD

YEARLY LOW

0.0652 RSD

YEARLY AVERAGE

0.0688 RSD

2016 BIF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0733. Conversely, the yearly low was recorded on June 22, dropping to 0.0652.

This high-to-low spread represents a total annual volatility of 0.0081 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0723 to the December average rate of 0.0699, the exchange rate registered a net change of -3.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0733 was down 0.82% compared to the 2015 peak of 0.0739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 367 RSD

2015 Average 347 RSD

Yearly Trough Low 326 RSD

Transaction Impact: A difference of 40.73 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0729

0.0654

JanuMarcMayJulySeptNove

BIF 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 0.0703, compared to 0.0674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0703

H2 Avg (Jul–Dec) 0.0674

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0058 RSD (High: 0.0710 / Low: 0.0652). On the other end, September was the most stable month, with a tight range of 0.0009 RSD (High: 0.0666 / Low: 0.0657).

June Spread (Volatile) ±0.0058

September Spread (Stable) ±0.0009

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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0723) against the same month in 2015 (average: 0.0672), the exchange rate shifted by +0.0050 (+7.48%).

2016 Avg (January) 0.0723

2015 Avg (January) 0.0672

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0733	0.0714	0.0723
February	0.0724	0.0697	0.0709
March	0.0724	0.0691	0.0708
April	0.0707	0.0687	0.0697
May	0.0712	0.0683	0.0698
June	0.0710	0.0652	0.0684
July	0.0678	0.0665	0.0672
August	0.0669	0.0652	0.0661
September	0.0666	0.0657	0.0660
October	0.0678	0.0657	0.0669
November	0.0698	0.0660	0.0682
December	0.0712	0.0683	0.0699