YEARLY HIGH
15.9467 RSD
YEARLY LOW
13.7845 RSD
YEARLY AVERAGE
14.6299 RSD

2016 GTQ to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GTQ to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 15.9467. Conversely, the yearly low was recorded on May 3, dropping to 13.7845.

This high-to-low spread represents a total annual volatility of 2.1621 RSD. From a start-to-finish perspective, comparing the January average rate of 14.7491 to the December average rate of 15.5933, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 15.9467 was up 5.85% compared to the 2015 peak of 15.0647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,733 RSD
2015 Average 71,042 RSD
Yearly Trough Low 68,923 RSD
Transaction Impact: A difference of 10,810.69 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.7517
13.8509
JanuMarcMayJulySeptNove

GTQ 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 14.3494, compared to 14.9103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5609 points.

H1 Avg (Jan–Jun) 14.3494
H2 Avg (Jul–Dec) 14.9103

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.8111 RSD (High: 15.5440 / Low: 14.7329). On the other end, September was the most stable month, with a tight range of 0.1603 RSD (High: 14.6835 / Low: 14.5232).

November Spread (Volatile) ±0.8111
September Spread (Stable) ±0.1603

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 0.3278 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 15.5933) against the same month in 2015 (average: 14.6891), the exchange rate shifted by +0.9041 (+6.16%).

2016 Avg (December) 15.5933
2015 Avg (December) 14.6891

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.8729 14.6139 14.7491
February 14.7195 14.1948 14.4361
March 14.7822 13.9992 14.3371
April 14.1407 13.8402 14.0093
May 14.5480 13.7845 14.2017
June 14.7085 14.1754 14.3634
July 14.7979 14.4742 14.6360
August 14.7188 14.4094 14.5818
September 14.6835 14.5232 14.5921
October 15.0877 14.5695 14.8709
November 15.5440 14.7329 15.1877
December 15.9467 15.2475 15.5933