YEARLY HIGH
1.1361 RSD
YEARLY LOW
1.0182 RSD
YEARLY AVERAGE
1.0621 RSD

2016 PKR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.1361. Conversely, the yearly low was recorded on May 2, dropping to 1.0182.

This high-to-low spread represents a total annual volatility of 0.1179 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0755 to the December average rate of 1.1169, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1361 was up 1.50% compared to the 2015 peak of 1.1193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 568,053 RSD
2015 Average 529,433 RSD
Yearly Trough Low 509,102 RSD
Transaction Impact: A difference of 58,950.87 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1252
1.0258
JanuMarcMayJulySeptNove

PKR 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 1.0519, compared to 1.0724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 1.0519
H2 Avg (Jul–Dec) 1.0724

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0571 RSD (High: 1.1128 / Low: 1.0556). On the other end, September was the most stable month, with a tight range of 0.0103 RSD (High: 1.0562 / Low: 1.0459).

November Spread (Volatile) ±0.0571
September Spread (Stable) ±0.0103

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 March and April, when the average rate fell by 0.0226 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.1169) against the same month in 2015 (average: 1.0669), the exchange rate shifted by +0.0500 (+4.68%).

2016 Avg (December) 1.1169
2015 Avg (December) 1.0669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0842 1.0667 1.0755
February 1.0793 1.0381 1.0571
March 1.0848 1.0314 1.0567
April 1.0449 1.0215 1.0341
May 1.0598 1.0182 1.0384
June 1.0723 1.0356 1.0496
July 1.0716 1.0546 1.0628
August 1.0624 1.0395 1.0500
September 1.0562 1.0459 1.0511
October 1.0799 1.0488 1.0657
November 1.1128 1.0556 1.0879
December 1.1361 1.0956 1.1169