2016 DJF to RSD Historical Review

YEARLY HIGH

0.6654 RSD

YEARLY LOW

0.5999 RSD

YEARLY AVERAGE

0.6259 RSD

2016 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.6654. Conversely, the yearly low was recorded on May 3, dropping to 0.5999.

This high-to-low spread represents a total annual volatility of 0.0655 RSD. From a start-to-finish perspective, comparing the January average rate of 0.6350 to the December average rate of 0.6558, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6654 was up 3.16% compared to the 2015 peak of 0.6450, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,327 RSD

2015 Average 3,062 RSD

Yearly Trough Low 3,000 RSD

Transaction Impact: A difference of 327.29 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6604

0.6049

JanuMarcMayJulySeptNove

DJF 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 0.6199, compared to 0.6319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.6199

H2 Avg (Jul–Dec) 0.6319

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0367 RSD (High: 0.6563 / Low: 0.6196). On the other end, September was the most stable month, with a tight range of 0.0061 RSD (High: 0.6229 / Low: 0.6168).

November Spread (Volatile) ±0.0367

September Spread (Stable) ±0.0061

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 0.0130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6558) against the same month in 2015 (average: 0.6292), the exchange rate shifted by +0.0266 (+4.23%).

2016 Avg (December) 0.6558

2015 Avg (December) 0.6292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6409	0.6288	0.6350
February	0.6363	0.6113	0.6226
March	0.6395	0.6078	0.6225
April	0.6157	0.6023	0.6095
May	0.6241	0.5999	0.6124
June	0.6313	0.6095	0.6176
July	0.6346	0.6226	0.6281
August	0.6262	0.6132	0.6197
September	0.6229	0.6168	0.6193
October	0.6369	0.6161	0.6277
November	0.6563	0.6196	0.6406
December	0.6654	0.6441	0.6558