2016 CDF to RSD Historical Review

YEARLY HIGH

0.1260 RSD

YEARLY LOW

0.0990 RSD

YEARLY AVERAGE

0.1153 RSD

2016 CDF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CDF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.1260. Conversely, the yearly low was recorded on December 24, dropping to 0.0990.

This high-to-low spread represents a total annual volatility of 0.0269 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1217 to the December average rate of 0.1005, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1260 was up 1.91% compared to the 2015 peak of 0.1236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 630 RSD

2015 Average 587 RSD

Yearly Trough Low 495 RSD

Transaction Impact: A difference of 134.74 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1239

0.0984

JanuMarcMayJulySeptNove

CDF 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 0.1185, compared to 0.1121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.1185

H2 Avg (Jul–Dec) 0.1121

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0244 RSD (High: 0.1260 / Low: 0.1016). On the other end, September was the most stable month, with a tight range of 0.0017 RSD (High: 0.1135 / Low: 0.1118).

November Spread (Volatile) ±0.0244

September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0148 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.1152) against the same month in 2015 (average: 0.1213), the exchange rate shifted by -0.0061 (-5.01%).

2016 Avg (November) 0.1152

2015 Avg (November) 0.1213

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1227	0.1207	0.1217
February	0.1221	0.1170	0.1191
March	0.1230	0.1166	0.1193
April	0.1179	0.1153	0.1167
May	0.1196	0.1148	0.1172
June	0.1202	0.1135	0.1169
July	0.1181	0.1130	0.1170
August	0.1142	0.1109	0.1125
September	0.1135	0.1118	0.1126
October	0.1173	0.1117	0.1148
November	0.1260	0.1016	0.1152
December	0.1019	0.0990	0.1005