2016 RSD to AFN Historical Review

YEARLY HIGH

0.6412 AFN

YEARLY LOW

0.5574 AFN

YEARLY AVERAGE

0.6099 AFN

2016 RSD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.6412. Conversely, the yearly low was recorded on December 20, dropping to 0.5574.

This high-to-low spread represents a total annual volatility of 0.0838 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6079 to the December average rate of 0.5678, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6412 was up 3.31% compared to the 2015 peak of 0.6207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,206 AFN

2015 Average 2,816 AFN

Yearly Trough Low 2,787 AFN

Transaction Impact: A difference of 419.17 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6385

0.5614

JanuMarcMayJulySeptNove

RSD to AFN 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 0.6238, compared to 0.5960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 0.6238

H2 Avg (Jul–Dec) 0.5960

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0336 AFN (High: 0.6245 / Low: 0.5909). On the other end, July was the most stable month, with a tight range of 0.0099 AFN (High: 0.6222 / Low: 0.6123).

August Spread (Volatile) ±0.0336

July Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0161 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.6311) against the same month in 2015 (average: 0.5444), the exchange rate shifted by +0.0867 (+15.93%).

2016 Avg (May) 0.6311

2015 Avg (May) 0.5444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6144	0.6023	0.6079
February	0.6342	0.6073	0.6227
March	0.6354	0.6045	0.6193
April	0.6388	0.6250	0.6320
May	0.6412	0.6204	0.6311
June	0.6383	0.6137	0.6296
July	0.6222	0.6123	0.6168
August	0.6245	0.5909	0.6122
September	0.6146	0.5988	0.6068
October	0.6015	0.5830	0.5907
November	0.5959	0.5715	0.5818
December	0.5809	0.5574	0.5678