YEARLY HIGH
0.0795 NOK
YEARLY LOW
0.0726 NOK
YEARLY AVERAGE
0.0755 NOK

2016 RSD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0795. Conversely, the yearly low was recorded on December 13, dropping to 0.0726.

This high-to-low spread represents a total annual volatility of 0.0069 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0781 to the December average rate of 0.0732, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0795 was down 0.53% compared to the 2015 peak of 0.0799, 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 397 NOK
2015 Average 371 NOK
Yearly Trough Low 363 NOK
Transaction Impact: A difference of 34.49 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0786
0.0727
JanuMarcMayJulySeptNove

RSD to NOK 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 0.0766, compared to 0.0744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0766
H2 Avg (Jul–Dec) 0.0744

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0031 NOK (High: 0.0795 / Low: 0.0764). On the other end, November was the most stable month, with a tight range of 0.0010 NOK (High: 0.0744 / Low: 0.0735).

January Spread (Volatile) ±0.0031
November Spread (Stable) ±0.0010

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 0.0016 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0781) against the same month in 2015 (average: 0.0729), the exchange rate shifted by +0.0052 (+7.19%).

2016 Avg (January) 0.0781
2015 Avg (January) 0.0729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0795 0.0764 0.0781
February 0.0791 0.0769 0.0778
March 0.0773 0.0757 0.0766
April 0.0774 0.0747 0.0760
May 0.0763 0.0751 0.0757
June 0.0765 0.0748 0.0756
July 0.0768 0.0752 0.0760
August 0.0768 0.0744 0.0756
September 0.0757 0.0730 0.0748
October 0.0738 0.0726 0.0732
November 0.0744 0.0735 0.0739
December 0.0740 0.0726 0.0732