2016 RSD to STD Historical Review

YEARLY HIGH

203.2004 STD

YEARLY LOW

188.4187 STD

YEARLY AVERAGE

199.1059 STD

2016 RSD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 203.2004. Conversely, the yearly low was recorded on June 24, dropping to 188.4187.

This high-to-low spread represents a total annual volatility of 14.7816 STD. From a start-to-finish perspective, comparing the January average rate of 199.7655 to the December average rate of 198.9019, the exchange rate registered a net change of -0.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 203.2004 was down 1.52% compared to the 2015 peak of 206.3299, 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 1,016,002 STD

2015 Average 1,014,706 STD

Yearly Trough Low 942,094 STD

Transaction Impact: A difference of 73,908.21 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

200.3759

198.1970

JanuMarcMayJulySeptNove

RSD to STD 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 199.3009, compared to 198.9109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3900 points.

H1 Avg (Jan–Jun) 199.3009

H2 Avg (Jul–Dec) 198.9109

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 12.6054 STD (High: 201.0241 / Low: 188.4187). On the other end, September was the most stable month, with a tight range of 1.3097 STD (High: 199.6466 / Low: 198.3369).

June Spread (Volatile) ±12.6054

September Spread (Stable) ±1.3097

Growth Streaks & Declines

Trends

Between June and November, 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 February and March, when the average rate fell by 0.9170 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.9170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 200.1943) against the same month in 2015 (average: 202.0744), the exchange rate shifted by -1.8801 (-0.93%).

2016 Avg (February) 200.1943

2015 Avg (February) 202.0744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	201.7175	198.5084	199.7655
February	203.2004	197.9421	200.1943
March	201.3121	198.0569	199.2774
April	200.2363	196.7984	199.1883
May	199.9679	197.8755	199.0014
June	201.0241	188.4187	198.3786
July	199.6501	197.7545	198.6832
August	199.7098	198.3635	198.8953
September	199.6466	198.3369	198.9281
October	200.0268	197.0184	199.0008
November	200.2875	198.0475	199.0558
December	200.2527	197.7985	198.9019