2016 RSD to CVE Historical Review

YEARLY HIGH

0.9080 CVE

YEARLY LOW

0.8688 CVE

YEARLY AVERAGE

0.8961 CVE

2016 RSD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9080. Conversely, the yearly low was recorded on December 28, dropping to 0.8688.

This high-to-low spread represents a total annual volatility of 0.0392 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8995 to the December average rate of 0.8941, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9080 was down 1.84% compared to the 2015 peak of 0.9250, 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 4,540 CVE

2015 Average 4,565 CVE

Yearly Trough Low 4,344 CVE

Transaction Impact: A difference of 195.96 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9000

0.8935

JanuMarcMayJulySeptNove

RSD to CVE 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 0.8971, compared to 0.8950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.8971

H2 Avg (Jul–Dec) 0.8950

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0354 CVE (High: 0.9041 / Low: 0.8688). On the other end, July was the most stable month, with a tight range of 0.0049 CVE (High: 0.8959 / Low: 0.8910).

December Spread (Volatile) ±0.0354

July Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between July and October, 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 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.8995) against the same month in 2015 (average: 0.8984), the exchange rate shifted by +0.0011 (+0.12%).

2016 Avg (January) 0.8995

2015 Avg (January) 0.8984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9080	0.8937	0.8995
February	0.9070	0.8924	0.8987
March	0.9063	0.8936	0.8970
April	0.9030	0.8873	0.8984
May	0.9024	0.8893	0.8950
June	0.9030	0.8879	0.8943
July	0.8959	0.8910	0.8940
August	0.8993	0.8925	0.8950
September	0.8985	0.8917	0.8951
October	0.8993	0.8934	0.8959
November	0.8986	0.8910	0.8958
December	0.9041	0.8688	0.8941