YEARLY HIGH
0.0955 RSD
YEARLY LOW
0.0853 RSD
YEARLY AVERAGE
0.0901 RSD

2016 MMK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 0.0955. Conversely, the yearly low was recorded on December 22, dropping to 0.0853.

This high-to-low spread represents a total annual volatility of 0.0102 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0868 to the December average rate of 0.0867, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0955 was down 13.20% compared to the 2015 peak of 0.1100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 478 RSD
2015 Average 493 RSD
Yearly Trough Low 426 RSD
Transaction Impact: A difference of 51.10 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0953
0.0859
JanuMarcMayJulySeptNove

MMK 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 0.0905, compared to 0.0897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0905
H2 Avg (Jul–Dec) 0.0897

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0052 RSD (High: 0.0937 / Low: 0.0885). On the other end, July was the most stable month, with a tight range of 0.0021 RSD (High: 0.0954 / Low: 0.0933).

April Spread (Volatile) ±0.0052
July Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0027 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0925) against the same month in 2015 (average: 0.0976), the exchange rate shifted by -0.0051 (-5.20%).

2016 Avg (June) 0.0925
2015 Avg (June) 0.0976

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0876 0.0854 0.0868
February 0.0914 0.0863 0.0887
March 0.0918 0.0895 0.0909
April 0.0937 0.0885 0.0916
May 0.0938 0.0912 0.0927
June 0.0955 0.0906 0.0925
July 0.0954 0.0933 0.0945
August 0.0937 0.0901 0.0921
September 0.0919 0.0871 0.0894
October 0.0892 0.0865 0.0876
November 0.0893 0.0861 0.0879
December 0.0879 0.0853 0.0867