2016 CAD to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 88.9789. Conversely, the yearly low was recorded on January 17, dropping to 77.3010.
This high-to-low spread represents a total annual volatility of 11.6779 RSD. From a start-to-finish perspective, comparing the January average rate of 79.5450 to the December average rate of 87.6568, the exchange rate registered a net change of 10.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 88.9789 was down 3.06% compared to the 2015 peak of 91.7878, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CAD to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 82.8385, compared to 85.0929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2544 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 5.4641 RSD (High: 83.5004 / Low: 78.0362). On the other end, August was the most stable month, with a tight range of 1.2424 RSD (High: 85.2014 / Low: 83.9590).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.9164 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 87.6568) against the same month in 2015 (average: 81.5255), the exchange rate shifted by +6.1313 (+7.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 81.2233 | 77.3010 | 79.5450 |
| February | 83.5004 | 78.0362 | 80.2211 |
| March | 84.5374 | 82.9669 | 83.6703 |
| April | 86.4032 | 82.0462 | 84.4194 |
| May | 85.1842 | 83.2899 | 84.0323 |
| June | 85.9169 | 83.7611 | 85.1427 |
| July | 86.0285 | 84.5818 | 85.4774 |
| August | 85.2014 | 83.9590 | 84.5610 |
| September | 85.4230 | 82.9065 | 83.9361 |
| October | 85.4221 | 82.9190 | 84.1735 |
| November | 86.5713 | 82.4580 | 84.7524 |
| December | 88.9789 | 86.5184 | 87.6568 |