2016 SYP to RSD Historical Review

YEARLY HIGH

0.5578 RSD

YEARLY LOW

0.4858 RSD

YEARLY AVERAGE

0.5127 RSD

2016 SYP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5578. Conversely, the yearly low was recorded on May 3, dropping to 0.4858.

This high-to-low spread represents a total annual volatility of 0.0720 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5128 to the December average rate of 0.5481, the exchange rate registered a net change of 6.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5578 was down 7.26% compared to the 2015 peak of 0.6014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,789 RSD

2015 Average 2,800 RSD

Yearly Trough Low 2,429 RSD

Transaction Impact: A difference of 360.10 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5535

0.4878

JanuMarcMayJulySeptNove

SYP 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 0.5016, compared to 0.5237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.5016

H2 Avg (Jul–Dec) 0.5237

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0309 RSD (High: 0.5461 / Low: 0.5153). On the other end, September was the most stable month, with a tight range of 0.0044 RSD (High: 0.5154 / Low: 0.5110).

November Spread (Volatile) ±0.0309

September Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0100 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.5481) against the same month in 2015 (average: 0.5066), the exchange rate shifted by +0.0414 (+8.18%).

2016 Avg (December) 0.5481

2015 Avg (December) 0.5066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5178	0.5078	0.5128
February	0.5141	0.4942	0.5032
March	0.5169	0.4920	0.5033
April	0.4986	0.4877	0.4933
May	0.5061	0.4858	0.4957
June	0.5130	0.4945	0.5014
July	0.5207	0.5102	0.5156
August	0.5164	0.5063	0.5114
September	0.5154	0.5110	0.5129
October	0.5289	0.5117	0.5211
November	0.5461	0.5153	0.5332
December	0.5578	0.5364	0.5481