2016 NGN to RSD Historical Review

YEARLY HIGH

0.5718 RSD

YEARLY LOW

0.3132 RSD

YEARLY AVERAGE

0.4530 RSD

2016 NGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.5718. Conversely, the yearly low was recorded on August 22, dropping to 0.3132.

This high-to-low spread represents a total annual volatility of 0.2586 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5667 to the December average rate of 0.3717, the exchange rate registered a net change of -34.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5718 was down 1.46% compared to the 2015 peak of 0.5803, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 571,788 RSD

2015 Average 549,850 RSD

Yearly Trough Low 313,153 RSD

Transaction Impact: A difference of 258,634.85 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5893

0.3187

JanuMarcMayJulySeptNove

NGN 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 0.5452, compared to 0.3609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1843 points.

H1 Avg (Jan–Jun) 0.5452

H2 Avg (Jul–Dec) 0.3609

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1702 RSD (High: 0.5551 / Low: 0.3849). On the other end, September was the most stable month, with a tight range of 0.0066 RSD (High: 0.3542 / Low: 0.3477).

June Spread (Volatile) ±0.1702

September Spread (Stable) ±0.0066

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 June and July, when the average rate fell by 0.1206 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5667) against the same month in 2015 (average: 0.5663), the exchange rate shifted by +0.0004 (+0.08%).

2016 Avg (January) 0.5667

2015 Avg (January) 0.5663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5718	0.5613	0.5667
February	0.5679	0.5458	0.5559
March	0.5710	0.5431	0.5559
April	0.5499	0.5378	0.5441
May	0.5575	0.5353	0.5464
June	0.5551	0.3849	0.5019
July	0.3951	0.3456	0.3814
August	0.3536	0.3132	0.3412
September	0.3542	0.3477	0.3511
October	0.3611	0.3490	0.3563
November	0.3716	0.3519	0.3634
December	0.3832	0.3641	0.3717