2016 MZN to RSD Historical Review

YEARLY HIGH

2.5211 RSD

YEARLY LOW

1.3967 RSD

YEARLY AVERAGE

1.8380 RSD

2016 MZN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 2.5211. Conversely, the yearly low was recorded on October 3, dropping to 1.3967.

This high-to-low spread represents a total annual volatility of 1.1244 RSD. From a start-to-finish perspective, comparing the January average rate of 2.4366 to the December average rate of 1.6057, the exchange rate registered a net change of -34.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.5211 was down 25.57% compared to the 2015 peak of 3.3873, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,605 RSD

2015 Average 14,175 RSD

Yearly Trough Low 6,983 RSD

Transaction Impact: A difference of 5,622.09 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.5366

1.3366

JanuMarcMayJulySeptNove

MZN 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 2.1360, compared to 1.5400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5960 points.

H1 Avg (Jan–Jun) 2.1360

H2 Avg (Jul–Dec) 1.5400

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.3147 RSD (High: 2.5166 / Low: 2.2020). On the other end, October was the most stable month, with a tight range of 0.0660 RSD (High: 1.4627 / Low: 1.3967).

February Spread (Volatile) ±0.3147

October Spread (Stable) ±0.0660

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1705 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.4366) against the same month in 2015 (average: 3.2186), the exchange rate shifted by -0.7819 (-24.29%).

2016 Avg (January) 2.4366

2015 Avg (January) 3.2186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5211	2.3539	2.4366
February	2.5166	2.2020	2.2909
March	2.3393	2.1041	2.2088
April	2.1354	2.0083	2.0835
May	2.0051	1.9265	1.9834
June	1.8948	1.7528	1.8128
July	1.7469	1.6154	1.7003
August	1.6149	1.5025	1.5512
September	1.5094	1.4140	1.4485
October	1.4627	1.3967	1.4366
November	1.5628	1.4355	1.4976
December	1.6468	1.5492	1.6057