YEARLY HIGH
166.1370 RSD
YEARLY LOW
135.9473 RSD
YEARLY AVERAGE
150.6366 RSD

2016 FKP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 166.1370. Conversely, the yearly low was recorded on October 12, dropping to 135.9473.

This high-to-low spread represents a total annual volatility of 30.1897 RSD. From a start-to-finish perspective, comparing the January average rate of 162.5215 to the December average rate of 146.0046, the exchange rate registered a net change of -10.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 166.1370 was down 3.94% compared to the 2015 peak of 172.9551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 830,685 RSD
2015 Average 831,161 RSD
Yearly Trough Low 679,737 RSD
Transaction Impact: A difference of 150,948.31 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

165.0028
135.2270
JanuMarcMayJulySeptNove

FKP 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 157.8526, compared to 143.4205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.4321 points.

H1 Avg (Jan–Jun) 157.8526
H2 Avg (Jul–Dec) 143.4205

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 15.0203 RSD (High: 162.7972 / Low: 147.7769). On the other end, December was the most stable month, with a tight range of 3.9534 RSD (High: 147.5810 / Low: 143.6276).

June Spread (Volatile) ±15.0203
December Spread (Stable) ±3.9534

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.4021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.4021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 162.5215) against the same month in 2015 (average: 159.6614), the exchange rate shifted by +2.8601 (+1.79%).

2016 Avg (January) 162.5215
2015 Avg (January) 159.6614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 166.1370 159.8270 162.5215
February 162.8402 155.9524 158.2451
March 159.9838 155.0123 157.7518
April 158.5559 151.6680 154.9057
May 162.1832 154.7229 157.8030
June 162.7972 147.7769 155.8885
July 148.2733 143.5527 146.4864
August 146.9993 141.8795 143.8797
September 147.5405 142.0873 144.4613
October 142.2167 135.9473 137.7083
November 145.4264 136.6193 141.9830
December 147.5810 143.6276 146.0046