2016 BND to RSD Historical Review

YEARLY HIGH

82.7917 RSD

YEARLY LOW

77.6440 RSD

YEARLY AVERAGE

80.5664 RSD

2016 BND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 82.7917. Conversely, the yearly low was recorded on February 9, dropping to 77.6440.

This high-to-low spread represents a total annual volatility of 5.1477 RSD. From a start-to-finish perspective, comparing the January average rate of 78.8252 to the December average rate of 81.4811, the exchange rate registered a net change of 3.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 82.7917 was down 0.74% compared to the 2015 peak of 83.4049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 413,959 RSD

2015 Average 395,872 RSD

Yearly Trough Low 388,220 RSD

Transaction Impact: A difference of 25,738.75 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

82.8779

78.3836

JanuMarcMayJulySeptNove

BND 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 79.8168, compared to 81.3159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4992 points.

H1 Avg (Jan–Jun) 79.8168

H2 Avg (Jul–Dec) 81.3159

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 3.4782 RSD (High: 82.6549 / Low: 79.1768). On the other end, July was the most stable month, with a tight range of 0.7490 RSD (High: 82.7917 / Low: 82.0428).

June Spread (Volatile) ±3.4782

July Spread (Stable) ±0.7490

Growth Streaks & Declines

Trends

Between May and July, 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 0.9297 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 82.5034) against the same month in 2015 (average: 80.2472), the exchange rate shifted by +2.2561 (+2.81%).

2016 Avg (July) 82.5034

2015 Avg (July) 80.2472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	79.5938	77.7284	78.8252
February	80.3836	77.6440	78.7581
March	81.4638	79.9755	80.6403
April	81.1581	79.4667	80.2267
May	80.6103	78.6131	79.4230
June	82.6549	79.1768	81.0272
July	82.7917	82.0428	82.5034
August	82.5859	80.3211	81.5737
September	81.5182	80.2585	80.8508
October	81.3104	80.1587	80.6580
November	81.6146	79.8650	80.8287
December	82.3386	80.6089	81.4811