2016 NPR to RSD Historical Review

YEARLY HIGH

1.0943 RSD

YEARLY LOW

0.9949 RSD

YEARLY AVERAGE

1.0349 RSD

2016 NPR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0943. Conversely, the yearly low was recorded on February 11, dropping to 0.9949.

This high-to-low spread represents a total annual volatility of 0.0994 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0482 to the December average rate of 1.0780, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0943 was down 3.33% compared to the 2015 peak of 1.1320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,472 RSD

2015 Average 5,303 RSD

Yearly Trough Low 4,975 RSD

Transaction Impact: A difference of 496.86 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0845

1.0067

JanuMarcMayJulySeptNove

NPR 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 1.0248, compared to 1.0450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 1.0248

H2 Avg (Jul–Dec) 1.0450

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0450 RSD (High: 1.0400 / Low: 0.9949). On the other end, September was the most stable month, with a tight range of 0.0112 RSD (High: 1.0336 / Low: 1.0224).

February Spread (Volatile) ±0.0450

September Spread (Stable) ±0.0112

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 January and February, when the average rate fell by 0.0350 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.0780) against the same month in 2015 (average: 1.0525), the exchange rate shifted by +0.0255 (+2.42%).

2016 Avg (December) 1.0780

2015 Avg (December) 1.0525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0607	1.0365	1.0482
February	1.0400	0.9949	1.0132
March	1.0490	1.0186	1.0329
April	1.0284	1.0086	1.0183
May	1.0348	1.0023	1.0162
June	1.0335	1.0064	1.0198
July	1.0453	1.0273	1.0361
August	1.0392	1.0154	1.0269
September	1.0336	1.0224	1.0289
October	1.0584	1.0294	1.0452
November	1.0659	1.0361	1.0550
December	1.0943	1.0562	1.0780