2016 BWP to RSD Historical Review

YEARLY HIGH

11.0035 RSD

YEARLY LOW

9.5785 RSD

YEARLY AVERAGE

10.2177 RSD

2016 BWP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BWP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 11.0035. Conversely, the yearly low was recorded on February 9, dropping to 9.5785.

This high-to-low spread represents a total annual volatility of 1.4250 RSD. From a start-to-finish perspective, comparing the January average rate of 9.7961 to the December average rate of 10.8972, the exchange rate registered a net change of 11.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.0035 was down 4.11% compared to the 2015 peak of 11.4756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,017 RSD

2015 Average 53,751 RSD

Yearly Trough Low 47,892 RSD

Transaction Impact: A difference of 7,125.10 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.0074

9.6860

JanuMarcMayJulySeptNove

BWP 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 9.9063, compared to 10.5291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6228 points.

H1 Avg (Jan–Jun) 9.9063

H2 Avg (Jul–Dec) 10.5291

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.5310 RSD (High: 10.1095 / Low: 9.5785). On the other end, December was the most stable month, with a tight range of 0.2839 RSD (High: 11.0035 / Low: 10.7196).

February Spread (Volatile) ±0.5310

December Spread (Stable) ±0.2839

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.1403 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 10.8972) against the same month in 2015 (average: 10.1340), the exchange rate shifted by +0.7632 (+7.53%).

2016 Avg (December) 10.8972

2015 Avg (December) 10.1340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0176	9.6482	9.7961
February	10.1095	9.5785	9.8077
March	10.0496	9.6777	9.9226
April	10.2223	9.7741	10.0283
May	10.0928	9.7273	9.8893
June	10.1741	9.7309	9.9937
July	10.4526	10.1655	10.3302
August	10.6743	10.2222	10.4767
September	10.5387	10.0900	10.3364
October	10.6606	10.3254	10.4869
November	10.8245	10.4891	10.6470
December	11.0035	10.7196	10.8972