2016 RSD to VEF Historical Review

YEARLY HIGH

0.0935 VEF

YEARLY LOW

0.0555 VEF

YEARLY AVERAGE

0.0815 VEF

2016 RSD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.0935. Conversely, the yearly low was recorded on January 24, dropping to 0.0555.

This high-to-low spread represents a total annual volatility of 0.0380 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0560 to the December average rate of 0.0854, the exchange rate registered a net change of 52.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0935 was up 48.38% compared to the 2015 peak of 0.0630, 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 468 VEF

2015 Average 291 VEF

Yearly Trough Low 278 VEF

Transaction Impact: A difference of 189.99 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0957

0.0524

JanuMarcMayJulySeptNove

RSD to VEF 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 0.0742, compared to 0.0889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.0742

H2 Avg (Jul–Dec) 0.0889

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0048 VEF (High: 0.0903 / Low: 0.0855). On the other end, September was the most stable month, with a tight range of 0.0008 VEF (High: 0.0912 / Low: 0.0904).

November Spread (Volatile) ±0.0048

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0917) against the same month in 2015 (average: 0.0585), the exchange rate shifted by +0.0332 (+56.74%).

2016 Avg (May) 0.0917

2015 Avg (May) 0.0585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0565	0.0555	0.0560
February	0.0582	0.0559	0.0571
March	0.0584	0.0556	0.0572
April	0.0931	0.0911	0.0921
May	0.0935	0.0899	0.0917
June	0.0920	0.0889	0.0908
July	0.0904	0.0889	0.0896
August	0.0917	0.0898	0.0908
September	0.0912	0.0904	0.0908
October	0.0911	0.0881	0.0895
November	0.0903	0.0855	0.0875
December	0.0870	0.0840	0.0854