2016 NZD to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NZD to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 83.6916. Conversely, the yearly low was recorded on February 16, dropping to 71.6957.
This high-to-low spread represents a total annual volatility of 11.9959 RSD. From a start-to-finish perspective, comparing the January average rate of 73.8491 to the December average rate of 82.2099, the exchange rate registered a net change of 11.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 83.6916 was down 2.42% compared to the 2015 peak of 85.7643, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NZD 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 74.6201, compared to 80.4486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8285 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 4.4272 RSD (High: 76.6471 / Low: 72.2199). On the other end, August was the most stable month, with a tight range of 1.4155 RSD (High: 80.3757 / Low: 78.9602).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 0.7083 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 82.2099) against the same month in 2015 (average: 75.5067), the exchange rate shifted by +6.7031 (+8.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.6471 | 72.2199 | 73.8491 |
| February | 75.3962 | 71.6957 | 73.3947 |
| March | 76.6251 | 73.3050 | 74.6256 |
| April | 76.3383 | 73.1455 | 74.6097 |
| May | 74.9892 | 73.0085 | 73.9014 |
| June | 79.4812 | 75.0630 | 77.3404 |
| July | 81.4004 | 77.9297 | 79.5189 |
| August | 80.3757 | 78.9602 | 79.4144 |
| September | 81.8656 | 79.5020 | 80.2629 |
| October | 81.0844 | 78.4999 | 79.8518 |
| November | 82.6184 | 80.3917 | 81.4338 |
| December | 83.6916 | 81.1203 | 82.2099 |