YEARLY HIGH
2.4113 RSD
YEARLY LOW
2.2607 RSD
YEARLY AVERAGE
2.3421 RSD

2016 PHP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PHP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.4113. Conversely, the yearly low was recorded on May 4, dropping to 2.2607.

This high-to-low spread represents a total annual volatility of 0.1506 RSD. From a start-to-finish perspective, comparing the January average rate of 2.3745 to the December average rate of 2.3511, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4113 was down 6.15% compared to the 2015 peak of 2.5692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 602,823 RSD
2015 Average 597,657 RSD
Yearly Trough Low 565,176 RSD
Transaction Impact: A difference of 37,646.87 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3813
2.2999
JanuMarcMayJulySeptNove

PHP 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 2.3490, compared to 2.3353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 2.3490
H2 Avg (Jul–Dec) 2.3353

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1159 RSD (High: 2.3766 / Low: 2.2607). On the other end, August was the most stable month, with a tight range of 0.0325 RSD (High: 2.3717 / Low: 2.3392).

May Spread (Volatile) ±0.1159
August Spread (Stable) ±0.0325

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0516 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.3745) against the same month in 2015 (average: 2.3637), the exchange rate shifted by +0.0108 (+0.46%).

2016 Avg (January) 2.3745
2015 Avg (January) 2.3637

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4113 2.3566 2.3745
February 2.3783 2.2794 2.3228
March 2.4048 2.3465 2.3740
April 2.3636 2.2779 2.3366
May 2.3766 2.2607 2.3233
June 2.3833 2.3403 2.3629
July 2.3843 2.3462 2.3675
August 2.3717 2.3392 2.3581
September 2.3678 2.2653 2.3119
October 2.3461 2.2649 2.3067
November 2.3385 2.2754 2.3163
December 2.3801 2.3096 2.3511