2016 ILS to RSD Historical Review

YEARLY HIGH

30.9877 RSD

YEARLY LOW

27.9462 RSD

YEARLY AVERAGE

28.9737 RSD

2016 ILS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 30.9877. Conversely, the yearly low was recorded on February 11, dropping to 27.9462.

This high-to-low spread represents a total annual volatility of 3.0415 RSD. From a start-to-finish perspective, comparing the January average rate of 28.5796 to the December average rate of 30.5407, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 30.9877 was up 4.84% compared to the 2015 peak of 29.5570, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154,939 RSD

2015 Average 140,001 RSD

Yearly Trough Low 139,731 RSD

Transaction Impact: A difference of 15,207.63 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

30.7623

28.1033

JanuMarcMayJulySeptNove

ILS 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 28.5348, compared to 29.4126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8778 points.

H1 Avg (Jan–Jun) 28.5348

H2 Avg (Jul–Dec) 29.4126

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.2221 RSD (High: 30.2685 / Low: 29.0464). On the other end, August was the most stable month, with a tight range of 0.3495 RSD (High: 29.1767 / Low: 28.8272).

November Spread (Volatile) ±1.2221

August Spread (Stable) ±0.3495

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2548 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 30.5407) against the same month in 2015 (average: 28.8650), the exchange rate shifted by +1.6757 (+5.81%).

2016 Avg (December) 30.5407

2015 Avg (December) 28.8650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.8333	28.3676	28.5796
February	28.9239	27.9462	28.3249
March	29.2355	28.2523	28.6196
April	29.0411	28.2783	28.7131
May	28.8492	28.1459	28.5252
June	28.8639	28.1791	28.4464
July	29.2277	28.6176	28.8919
August	29.1767	28.8272	28.9563
September	29.3298	28.9426	29.1904
October	29.3797	28.9783	29.2102
November	30.2685	29.0464	29.6859
December	30.9877	30.1277	30.5407