2016 KES to RSD Historical Review

YEARLY HIGH

1.1631 RSD

YEARLY LOW

1.0555 RSD

YEARLY AVERAGE

1.0956 RSD

2016 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.1631. Conversely, the yearly low was recorded on May 2, dropping to 1.0555.

This high-to-low spread represents a total annual volatility of 0.1076 RSD. From a start-to-finish perspective, comparing the January average rate of 1.1024 to the December average rate of 1.1454, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1631 was down 6.31% compared to the 2015 peak of 1.2415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,816 RSD

2015 Average 5,550 RSD

Yearly Trough Low 5,277 RSD

Transaction Impact: A difference of 538.17 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1530

1.0621

JanuMarcMayJulySeptNove

KES 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 1.0853, compared to 1.1059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 1.0853

H2 Avg (Jul–Dec) 1.1059

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0604 RSD (High: 1.1460 / Low: 1.0856). On the other end, September was the most stable month, with a tight range of 0.0091 RSD (High: 1.0902 / Low: 1.0811).

November Spread (Volatile) ±0.0604

September Spread (Stable) ±0.0091

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 0.0205 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.1454) against the same month in 2015 (average: 1.0938), the exchange rate shifted by +0.0516 (+4.72%).

2016 Avg (December) 1.1454

2015 Avg (December) 1.0938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1114	1.0913	1.1024
February	1.1081	1.0651	1.0847
March	1.1195	1.0654	1.0902
April	1.0813	1.0593	1.0697
May	1.1018	1.0555	1.0795
June	1.1084	1.0722	1.0854
July	1.1083	1.0907	1.0994
August	1.0951	1.0737	1.0840
September	1.0902	1.0811	1.0853
October	1.1164	1.0814	1.1007
November	1.1460	1.0856	1.1207
December	1.1631	1.1244	1.1454