2016 ISK to RSD Historical Review

YEARLY HIGH

1.0465 RSD

YEARLY LOW

0.8560 RSD

YEARLY AVERAGE

0.9236 RSD

2016 ISK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.0465. Conversely, the yearly low was recorded on February 16, dropping to 0.8560.

This high-to-low spread represents a total annual volatility of 0.1906 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8683 to the December average rate of 1.0393, the exchange rate registered a net change of 19.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0465 was up 19.55% compared to the 2015 peak of 0.8754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,233 RSD

2015 Average 4,126 RSD

Yearly Trough Low 4,280 RSD

Transaction Impact: A difference of 952.84 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0568

0.8465

JanuMarcMayJulySeptNove

ISK 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 0.8750, compared to 0.9723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0973 points.

H1 Avg (Jan–Jun) 0.8750

H2 Avg (Jul–Dec) 0.9723

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0381 RSD (High: 1.0343 / Low: 0.9962). On the other end, March was the most stable month, with a tight range of 0.0059 RSD (High: 0.8773 / Low: 0.8714).

November Spread (Volatile) ±0.0381

March Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0042 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.0393) against the same month in 2015 (average: 0.8624), the exchange rate shifted by +0.1769 (+20.51%).

2016 Avg (December) 1.0393

2015 Avg (December) 0.8624

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8725	0.8617	0.8683
February	0.8744	0.8560	0.8640
March	0.8773	0.8714	0.8737
April	0.8776	0.8694	0.8739
May	0.8864	0.8735	0.8797
June	0.9026	0.8806	0.8902
July	0.9259	0.9021	0.9134
August	0.9467	0.9196	0.9311
September	0.9624	0.9492	0.9570
October	0.9925	0.9593	0.9774
November	1.0343	0.9962	1.0156
December	1.0465	1.0277	1.0393