2016 SGD to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 82.7903. Conversely, the yearly low was recorded on January 10, dropping to 77.4894.
This high-to-low spread represents a total annual volatility of 5.3009 RSD. From a start-to-finish perspective, comparing the January average rate of 78.8086 to the December average rate of 81.4626, the exchange rate registered a net change of 3.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 82.7903 was down 0.76% compared to the 2015 peak of 83.4255, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SGD to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 79.8010, compared to 81.2943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4933 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 2.7465 RSD (High: 82.5539 / Low: 79.8074). On the other end, July was the most stable month, with a tight range of 0.7154 RSD (High: 82.7903 / Low: 82.0749).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9833 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 82.5237) against the same month in 2015 (average: 80.2497), the exchange rate shifted by +2.2741 (+2.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.7367 | 77.4894 | 78.8086 |
| February | 80.3600 | 77.6513 | 78.7264 |
| March | 81.5388 | 80.0238 | 80.6193 |
| April | 80.9073 | 79.5001 | 80.1908 |
| May | 80.4274 | 78.6082 | 79.3775 |
| June | 82.5539 | 79.8074 | 81.0830 |
| July | 82.7903 | 82.0749 | 82.5237 |
| August | 82.5068 | 80.3223 | 81.5404 |
| September | 81.5015 | 80.3286 | 80.8243 |
| October | 81.3780 | 80.1190 | 80.6272 |
| November | 81.5707 | 79.7530 | 80.7876 |
| December | 82.3785 | 80.8398 | 81.4626 |