2016 RSD to ARS Historical Review

YEARLY HIGH

0.1400 ARS

YEARLY LOW

0.1157 ARS

YEARLY AVERAGE

0.1327 ARS

2016 RSD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.1400. Conversely, the yearly low was recorded on January 2, dropping to 0.1157.

This high-to-low spread represents a total annual volatility of 0.0242 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1202 to the December average rate of 0.1354, the exchange rate registered a net change of 12.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1400 was up 18.18% compared to the 2015 peak of 0.1184, 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 700 ARS

2015 Average 426 ARS

Yearly Trough Low 579 ARS

Transaction Impact: A difference of 121.24 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1391

0.1185

JanuMarcMayJulySeptNove

RSD to ARS 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 0.1300, compared to 0.1354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1300

H2 Avg (Jul–Dec) 0.1354

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0150 ARS (High: 0.1397 / Low: 0.1246). On the other end, November was the most stable month, with a tight range of 0.0036 ARS (High: 0.1364 / Low: 0.1328).

February Spread (Volatile) ±0.0150

November Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.1361) against the same month in 2015 (average: 0.0885), the exchange rate shifted by +0.0476 (+53.80%).

2016 Avg (October) 0.1361

2015 Avg (October) 0.0885

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1240	0.1157	0.1202
February	0.1397	0.1246	0.1337
March	0.1387	0.1316	0.1348
April	0.1373	0.1289	0.1329
May	0.1335	0.1253	0.1299
June	0.1361	0.1250	0.1288
July	0.1359	0.1311	0.1337
August	0.1371	0.1328	0.1350
September	0.1399	0.1355	0.1374
October	0.1400	0.1339	0.1361
November	0.1364	0.1328	0.1345
December	0.1393	0.1309	0.1354