2016 NOK to RSD Historical Review

YEARLY HIGH

13.7744 RSD

YEARLY LOW

12.5792 RSD

YEARLY AVERAGE

13.2445 RSD

2016 NOK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 13.7744. Conversely, the yearly low was recorded on January 11, dropping to 12.5792.

This high-to-low spread represents a total annual volatility of 1.1952 RSD. From a start-to-finish perspective, comparing the January average rate of 12.8072 to the December average rate of 13.6528, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.7744 was down 4.41% compared to the 2015 peak of 14.4107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,872 RSD

2015 Average 67,535 RSD

Yearly Trough Low 62,896 RSD

Transaction Impact: A difference of 5,976.05 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.7461

12.7219

JanuMarcMayJulySeptNove

NOK 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 13.0526, compared to 13.4364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3839 points.

H1 Avg (Jan–Jun) 13.0526

H2 Avg (Jul–Dec) 13.4364

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.5086 RSD (High: 13.0878 / Low: 12.5792). On the other end, November was the most stable month, with a tight range of 0.1770 RSD (High: 13.6122 / Low: 13.4353).

January Spread (Volatile) ±0.5086

November Spread (Stable) ±0.1770

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1213 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 13.6528) against the same month in 2015 (average: 12.8724), the exchange rate shifted by +0.7804 (+6.06%).

2016 Avg (December) 13.6528

2015 Avg (December) 12.8724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.0878	12.5792	12.8072
February	13.0102	12.6413	12.8526
March	13.2121	12.9342	13.0622
April	13.3811	12.9218	13.1649
May	13.3195	13.1087	13.2045
June	13.3689	13.0769	13.2240
July	13.3055	13.0195	13.1537
August	13.4387	13.0221	13.2355
September	13.7076	13.2171	13.3762
October	13.7697	13.5524	13.6607
November	13.6122	13.4353	13.5395
December	13.7744	13.5222	13.6528