YEARLY HIGH
168.0212 RSD
YEARLY LOW
150.3691 RSD
YEARLY AVERAGE
156.9765 RSD

2016 JOD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 168.0212. Conversely, the yearly low was recorded on May 4, dropping to 150.3691.

This high-to-low spread represents a total annual volatility of 17.6521 RSD. From a start-to-finish perspective, comparing the January average rate of 159.0965 to the December average rate of 165.2245, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 168.0212 was up 4.00% compared to the 2015 peak of 161.5592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 840,106 RSD
2015 Average 767,424 RSD
Yearly Trough Low 751,845 RSD
Transaction Impact: A difference of 88,260.39 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

166.4628
151.6023
JanuMarcMayJulySeptNove

JOD 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 155.4350, compared to 158.5180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0830 points.

H1 Avg (Jan–Jun) 155.4350
H2 Avg (Jul–Dec) 158.5180

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 8.8639 RSD (High: 164.8083 / Low: 155.9444). On the other end, September was the most stable month, with a tight range of 1.3673 RSD (High: 155.9251 / Low: 154.5578).

November Spread (Volatile) ±8.8639
September Spread (Stable) ±1.3673

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 March and April, when the average rate fell by 3.2582 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 165.2245) against the same month in 2015 (average: 157.6149), the exchange rate shifted by +7.6096 (+4.83%).

2016 Avg (December) 165.2245
2015 Avg (December) 157.6149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 160.8338 157.4501 159.0965
February 159.4069 153.2977 156.0937
March 160.3615 152.3656 156.0989
April 154.4638 151.1222 152.8407
May 156.8152 150.3691 153.4974
June 158.4152 153.0144 154.9826
July 158.5468 155.9141 157.2243
August 156.8149 153.6285 155.1487
September 155.9251 154.5578 155.0878
October 159.8510 154.5185 157.4388
November 164.8083 155.9444 160.9839
December 168.0212 161.8827 165.2245