2016 RUB to RSD Historical Review

YEARLY HIGH

1.9560 RSD

YEARLY LOW

1.3632 RSD

YEARLY AVERAGE

1.6683 RSD

2016 RUB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RUB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.9560. Conversely, the yearly low was recorded on February 11, dropping to 1.3632.

This high-to-low spread represents a total annual volatility of 0.5928 RSD. From a start-to-finish perspective, comparing the January average rate of 1.4751 to the December average rate of 1.8874, the exchange rate registered a net change of 27.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9560 was down 12.83% compared to the 2015 peak of 2.2438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RUB based on timing:

Yearly Peak High 9,780 RSD

2015 Average 8,974 RSD

Yearly Trough Low 6,816 RSD

Transaction Impact: A difference of 2,964.04 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9328

1.3877

JanuMarcMayJulySeptNove

RUB to RSD 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 1.5760, compared to 1.7606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1847 points.

H1 Avg (Jan–Jun) 1.5760

H2 Avg (Jul–Dec) 1.7606

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1694 RSD (High: 1.5431 / Low: 1.3736). On the other end, September was the most stable month, with a tight range of 0.0671 RSD (High: 1.7416 / Low: 1.6745).

January Spread (Volatile) ±0.1694

September Spread (Stable) ±0.0671

Growth Streaks & Declines

Trends

Between February and July, 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 January and February, when the average rate fell by 0.0420 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.8874) against the same month in 2015 (average: 1.5968), the exchange rate shifted by +0.2906 (+18.20%).

2016 Avg (December) 1.8874

2015 Avg (December) 1.5968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5431	1.3736	1.4751
February	1.4998	1.3632	1.4331
March	1.6218	1.5388	1.5833
April	1.6671	1.5713	1.6269
May	1.6838	1.6019	1.6500
June	1.7394	1.6454	1.6875
July	1.7707	1.6707	1.7310
August	1.7166	1.6485	1.6944
September	1.7416	1.6745	1.7039
October	1.8190	1.7412	1.7808
November	1.8182	1.7184	1.7663
December	1.9560	1.8004	1.8874