2016 PEN to RSD Historical Review

YEARLY HIGH

35.2137 RSD

YEARLY LOW

30.9546 RSD

YEARLY AVERAGE

32.9647 RSD

2016 PEN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 35.2137. Conversely, the yearly low was recorded on February 11, dropping to 30.9546.

This high-to-low spread represents a total annual volatility of 4.2591 RSD. From a start-to-finish perspective, comparing the January average rate of 32.8404 to the December average rate of 34.4576, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 35.2137 was down 4.08% compared to the 2015 peak of 36.7129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176,068 RSD

2015 Average 170,995 RSD

Yearly Trough Low 154,773 RSD

Transaction Impact: A difference of 21,295.31 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

34.7481

31.2624

JanuMarcMayJulySeptNove

PEN 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 32.5715, compared to 33.3579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7864 points.

H1 Avg (Jan–Jun) 32.5715

H2 Avg (Jul–Dec) 33.3579

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 1.6608 RSD (High: 33.4901 / Low: 31.8293). On the other end, January was the most stable month, with a tight range of 0.5665 RSD (High: 33.1887 / Low: 32.6222).

April Spread (Volatile) ±1.6608

January Spread (Stable) ±0.5665

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.2876 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 34.4576) against the same month in 2015 (average: 33.0935), the exchange rate shifted by +1.3641 (+4.12%).

2016 Avg (December) 34.4576

2015 Avg (December) 33.0935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.1887	32.6222	32.8404
February	32.4436	30.9546	31.5528
March	33.0726	32.1306	32.4901
April	33.4901	31.8293	32.7987
May	33.1339	32.1386	32.6541
June	33.9222	32.4595	33.0928
July	34.0160	32.9612	33.7104
August	33.4535	32.5179	32.9864
September	32.8362	32.2486	32.5199
October	33.6818	32.2903	32.9466
November	34.2689	32.6585	33.5267
December	35.2137	33.6196	34.4576