2016 JMD to RSD Historical Review

YEARLY HIGH

0.9428 RSD

YEARLY LOW

0.8557 RSD

YEARLY AVERAGE

0.8895 RSD

2016 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.9428. Conversely, the yearly low was recorded on November 4, dropping to 0.8557.

This high-to-low spread represents a total annual volatility of 0.0871 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9367 to the December average rate of 0.9079, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9428 was down 4.46% compared to the 2015 peak of 0.9868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,714 RSD

2015 Average 4,658 RSD

Yearly Trough Low 4,279 RSD

Transaction Impact: A difference of 435.38 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9441

0.8552

JanuMarcMayJulySeptNove

JMD 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 0.9005, compared to 0.8784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.9005

H2 Avg (Jul–Dec) 0.8784

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0497 RSD (High: 0.9054 / Low: 0.8557). On the other end, September was the most stable month, with a tight range of 0.0100 RSD (High: 0.8691 / Low: 0.8591).

November Spread (Volatile) ±0.0497

September Spread (Stable) ±0.0100

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 January and February, when the average rate fell by 0.0242 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.9367) against the same month in 2015 (average: 0.9163), the exchange rate shifted by +0.0204 (+2.22%).

2016 Avg (January) 0.9367

2015 Avg (January) 0.9163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9428	0.9309	0.9367
February	0.9329	0.8969	0.9124
March	0.9365	0.8884	0.9102
April	0.8951	0.8705	0.8879
May	0.8896	0.8685	0.8794
June	0.8958	0.8666	0.8761
July	0.8883	0.8728	0.8806
August	0.8775	0.8574	0.8671
September	0.8691	0.8591	0.8626
October	0.8798	0.8591	0.8694
November	0.9054	0.8557	0.8830
December	0.9249	0.8913	0.9079