2016 LTL to RSD Historical Review

YEARLY HIGH

36.7960 RSD

YEARLY LOW

35.4005 RSD

YEARLY AVERAGE

36.0331 RSD

2016 LTL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LTL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 36.7960. Conversely, the yearly low was recorded on December 4, dropping to 35.4005.

This high-to-low spread represents a total annual volatility of 1.3956 RSD. From a start-to-finish perspective, comparing the January average rate of 36.2742 to the December average rate of 35.7152, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 36.7960 was down 5.25% compared to the 2015 peak of 38.8336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,980 RSD

2015 Average 179,978 RSD

Yearly Trough Low 177,002 RSD

Transaction Impact: A difference of 6,977.76 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

36.3301

35.6593

JanuMarcMayJulySeptNove

LTL 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 36.0372, compared to 36.0289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 36.0372

H2 Avg (Jul–Dec) 36.0289

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.1415 RSD (High: 36.7649 / Low: 35.6234). On the other end, July was the most stable month, with a tight range of 0.3251 RSD (High: 36.2685 / Low: 35.9434).

November Spread (Volatile) ±1.1415

July Spread (Stable) ±0.3251

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 0.2806 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 36.2742) against the same month in 2015 (average: 35.8126), the exchange rate shifted by +0.4615 (+1.29%).

2016 Avg (January) 36.2742

2015 Avg (January) 35.8126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.7960	35.9459	36.2742
February	36.5365	35.4813	36.0496
March	36.5107	35.5872	36.0922
April	36.0532	35.5095	35.8117
May	36.4121	35.4526	35.9173
June	36.6326	35.6398	36.0785
July	36.2685	35.9434	36.1104
August	36.2406	35.7472	35.9912
September	36.2635	35.7971	36.1273
October	36.4992	36.0804	36.2336
November	36.7649	35.6234	35.9958
December	35.9088	35.4005	35.7152