YEARLY HIGH
1.1686 JMD
YEARLY LOW
1.0607 JMD
YEARLY AVERAGE
1.1250 JMD

2016 RSD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 1.1686. Conversely, the yearly low was recorded on January 6, dropping to 1.0607.

This high-to-low spread represents a total annual volatility of 0.1079 JMD. From a start-to-finish perspective, comparing the January average rate of 1.0676 to the December average rate of 1.1015, the exchange rate registered a net change of 3.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1686 was up 2.10% compared to the 2015 peak of 1.1445, 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 5,843 JMD
2015 Average 5,371 JMD
Yearly Trough Low 5,303 JMD
Transaction Impact: A difference of 539.65 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1685
1.0585
JanuMarcMayJulySeptNove

RSD to JMD 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 1.1113, compared to 1.1388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 1.1113
H2 Avg (Jul–Dec) 1.1388

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0641 JMD (High: 1.1686 / Low: 1.1045). On the other end, September was the most stable month, with a tight range of 0.0134 JMD (High: 1.1641 / Low: 1.1507).

November Spread (Volatile) ±0.0641
September Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0314 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.1330) against the same month in 2015 (average: 1.0617), the exchange rate shifted by +0.0713 (+6.72%).

2016 Avg (November) 1.1330
2015 Avg (November) 1.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0742 1.0607 1.0676
February 1.1150 1.0719 1.0961
March 1.1256 1.0678 1.0988
April 1.1487 1.1172 1.1263
May 1.1515 1.1241 1.1372
June 1.1540 1.1163 1.1415
July 1.1457 1.1257 1.1356
August 1.1664 1.1396 1.1533
September 1.1641 1.1507 1.1593
October 1.1641 1.1367 1.1503
November 1.1686 1.1045 1.1330
December 1.1219 1.0812 1.1015