2016 GNF to RSD Historical Review

YEARLY HIGH

0.0151 RSD

YEARLY LOW

0.0120 RSD

YEARLY AVERAGE

0.0134 RSD

2016 GNF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.0151. Conversely, the yearly low was recorded on September 10, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0031 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0126, the exchange rate registered a net change of -13.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0151 was down 5.04% compared to the 2015 peak of 0.0159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76 RSD

2015 Average 74 RSD

Yearly Trough Low 60 RSD

Transaction Impact: A difference of 15.61 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0150

0.0118

JanuMarcMayJulySeptNove

GNF 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 0.0144, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0144

H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0025 RSD (High: 0.0150 / Low: 0.0125). On the other end, January was the most stable month, with a tight range of 0.0002 RSD (High: 0.0147 / Low: 0.0145).

June Spread (Volatile) ±0.0025

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0147) against the same month in 2015 (average: 0.0147), the exchange rate shifted by -0.0000 (-0.13%).

2016 Avg (May) 0.0147

2015 Avg (May) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0147	0.0145	0.0146
February	0.0148	0.0140	0.0144
March	0.0149	0.0142	0.0145
April	0.0144	0.0142	0.0143
May	0.0151	0.0141	0.0147
June	0.0150	0.0125	0.0142
July	0.0126	0.0123	0.0124
August	0.0123	0.0120	0.0122
September	0.0123	0.0120	0.0121
October	0.0125	0.0120	0.0123
November	0.0129	0.0121	0.0125
December	0.0129	0.0124	0.0126