2016 MXN to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MXN to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MXN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 6.5311. Conversely, the yearly low was recorded on November 12, dropping to 5.4306.
This high-to-low spread represents a total annual volatility of 1.1005 RSD. From a start-to-finish perspective, comparing the January average rate of 6.2616 to the December average rate of 5.7017, the exchange rate registered a net change of -8.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 6.5311 was down 13.12% compared to the 2015 peak of 7.5171, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MXN to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.1011, compared to 5.8239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2772 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.6383 RSD (High: 6.0689 / Low: 5.4306). On the other end, March was the most stable month, with a tight range of 0.1457 RSD (High: 6.3569 / Low: 6.2112).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2677 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 6.2616) against the same month in 2015 (average: 7.1673), the exchange rate shifted by -0.9057 (-12.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.5311 | 6.0519 | 6.2616 |
| February | 6.2198 | 5.6938 | 5.9939 |
| March | 6.3569 | 6.2112 | 6.2750 |
| April | 6.2908 | 6.0469 | 6.1937 |
| May | 6.2237 | 5.9202 | 6.0000 |
| June | 6.0438 | 5.7954 | 5.8823 |
| July | 6.0646 | 5.8867 | 5.9957 |
| August | 6.0786 | 5.8184 | 5.9473 |
| September | 5.9961 | 5.5155 | 5.7266 |
| October | 6.1025 | 5.6454 | 5.8898 |
| November | 6.0689 | 5.4306 | 5.6821 |
| December | 5.8316 | 5.5736 | 5.7017 |