2016 GMD to RSD Historical Review

YEARLY HIGH

2.8960 RSD

YEARLY LOW

2.4942 RSD

YEARLY AVERAGE

2.6519 RSD

2016 GMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 2.8960. Conversely, the yearly low was recorded on May 2, dropping to 2.4942.

This high-to-low spread represents a total annual volatility of 0.4018 RSD. From a start-to-finish perspective, comparing the January average rate of 2.8563 to the December average rate of 2.7338, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8960 was down 0.27% compared to the 2015 peak of 2.9038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,480 RSD

2015 Average 13,231 RSD

Yearly Trough Low 12,471 RSD

Transaction Impact: A difference of 2,009.24 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8881

2.5069

JanuMarcMayJulySeptNove

GMD 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 2.6734, compared to 2.6305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0429 points.

H1 Avg (Jan–Jun) 2.6734

H2 Avg (Jul–Dec) 2.6305

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.3682 RSD (High: 2.8960 / Low: 2.5278). On the other end, September was the most stable month, with a tight range of 0.0279 RSD (High: 2.5917 / Low: 2.5638).

March Spread (Volatile) ±0.3682

September Spread (Stable) ±0.0279

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1884 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 2.7271) against the same month in 2015 (average: 2.5831), the exchange rate shifted by +0.1440 (+5.58%).

2016 Avg (March) 2.7271

2015 Avg (March) 2.5831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8878	2.8307	2.8563
February	2.8682	2.7541	2.8023
March	2.8960	2.5278	2.7271
April	2.5612	2.5108	2.5387
May	2.6028	2.4942	2.5440
June	2.6222	2.5304	2.5721
July	2.6313	2.5881	2.6092
August	2.6074	2.5453	2.5768
September	2.5917	2.5638	2.5789
October	2.6545	2.5688	2.6137
November	2.7454	2.5918	2.6705
December	2.7879	2.6670	2.7338