YEARLY HIGH
3.1933 NGN
YEARLY LOW
1.7489 NGN
YEARLY AVERAGE
2.3108 NGN

2016 RSD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 3.1933. Conversely, the yearly low was recorded on January 23, dropping to 1.7489.

This high-to-low spread represents a total annual volatility of 1.4444 NGN. From a start-to-finish perspective, comparing the January average rate of 1.7645 to the December average rate of 2.6906, the exchange rate registered a net change of 52.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.1933 was up 66.10% compared to the 2015 peak of 1.9225, 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 15,967 NGN
2015 Average 9,099 NGN
Yearly Trough Low 8,745 NGN
Transaction Impact: A difference of 7,222.14 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0507
1.6476
JanuMarcMayJulySeptNove

RSD to NGN 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 1.8451, compared to 2.7764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9314 points.

H1 Avg (Jan–Jun) 1.8451
H2 Avg (Jul–Dec) 2.7764

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.7964 NGN (High: 2.5979 / Low: 1.8015). On the other end, January was the most stable month, with a tight range of 0.0327 NGN (High: 1.7816 / Low: 1.7489).

June Spread (Volatile) ±0.7964
January Spread (Stable) ±0.0327

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0853 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.9337) against the same month in 2015 (average: 1.8430), the exchange rate shifted by +1.0907 (+59.18%).

2016 Avg (August) 2.9337
2015 Avg (August) 1.8430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7816 1.7489 1.7645
February 1.8320 1.7609 1.7992
March 1.8411 1.7512 1.7992
April 1.8596 1.8186 1.8380
May 1.8679 1.7937 1.8306
June 2.5979 1.8015 2.0390
July 2.8939 2.5308 2.6269
August 3.1933 2.8277 2.9337
September 2.8764 2.8230 2.8484
October 2.8650 2.7694 2.8065
November 2.8416 2.6910 2.7524
December 2.7464 2.6099 2.6906