2016 SBD to RSD Historical Review

YEARLY HIGH

15.3030 RSD

YEARLY LOW

13.3341 RSD

YEARLY AVERAGE

14.0556 RSD

2016 SBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 15.3030. Conversely, the yearly low was recorded on February 11, dropping to 13.3341.

This high-to-low spread represents a total annual volatility of 1.9689 RSD. From a start-to-finish perspective, comparing the January average rate of 13.8562 to the December average rate of 14.8328, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 15.3030 was up 4.75% compared to the 2015 peak of 14.6096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,515 RSD

2015 Average 69,217 RSD

Yearly Trough Low 66,670 RSD

Transaction Impact: A difference of 9,844.59 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14.9547

13.4917

JanuMarcMayJulySeptNove

SBD 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 13.8356, compared to 14.2755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4399 points.

H1 Avg (Jan–Jun) 13.8356

H2 Avg (Jul–Dec) 14.2755

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.9080 RSD (High: 15.3030 / Low: 14.3950). On the other end, September was the most stable month, with a tight range of 0.2363 RSD (High: 14.0893 / Low: 13.8530).

December Spread (Volatile) ±0.9080

September Spread (Stable) ±0.2363

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.2426 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 14.8328) against the same month in 2015 (average: 13.8041), the exchange rate shifted by +1.0287 (+7.45%).

2016 Avg (December) 14.8328

2015 Avg (December) 13.8041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0222	13.7250	13.8562
February	13.8823	13.3341	13.6136
March	14.0874	13.6371	13.8748
April	13.8800	13.5648	13.6567
May	14.2323	13.6734	13.9475
June	14.3895	13.8985	14.0651
July	14.2172	13.9774	14.1146
August	14.2046	13.9005	14.0476
September	14.0893	13.8530	14.0187
October	14.4142	14.0193	14.2208
November	14.7131	14.0394	14.4186
December	15.3030	14.3950	14.8328