2016 BZD to RSD Historical Review

YEARLY HIGH

59.2581 RSD

YEARLY LOW

53.3949 RSD

YEARLY AVERAGE

55.6372 RSD

2016 BZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 59.2581. Conversely, the yearly low was recorded on May 3, dropping to 53.3949.

This high-to-low spread represents a total annual volatility of 5.8632 RSD. From a start-to-finish perspective, comparing the January average rate of 56.5471 to the December average rate of 58.3625, the exchange rate registered a net change of 3.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 59.2581 was up 3.04% compared to the 2015 peak of 57.5089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 296,290 RSD

2015 Average 271,970 RSD

Yearly Trough Low 266,974 RSD

Transaction Impact: A difference of 29,316.18 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

58.7715

53.8642

JanuMarcMayJulySeptNove

BZD 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 55.1448, compared to 56.1295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9846 points.

H1 Avg (Jan–Jun) 55.1448

H2 Avg (Jul–Dec) 56.1295

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.0672 RSD (High: 58.3774 / Low: 55.3101). On the other end, September was the most stable month, with a tight range of 0.5224 RSD (High: 55.2341 / Low: 54.7116).

November Spread (Volatile) ±3.0672

September Spread (Stable) ±0.5224

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 1.1640 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 58.3625) against the same month in 2015 (average: 56.0724), the exchange rate shifted by +2.2901 (+4.08%).

2016 Avg (December) 58.3625

2015 Avg (December) 56.0724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.9981	55.9892	56.5471
February	56.6215	54.4605	55.4414
March	56.9485	54.1626	55.4371
April	54.8710	53.4727	54.2731
May	55.4326	53.3949	54.3701
June	56.1309	54.1084	54.8003
July	56.0541	55.1475	55.6840
August	55.6062	54.4192	54.9971
September	55.2341	54.7116	54.9506
October	56.5990	54.8338	55.7805
November	58.3774	55.3101	57.0021
December	59.2581	57.3479	58.3625