YEARLY HIGH
118.9756 RSD
YEARLY LOW
106.6330 RSD
YEARLY AVERAGE
111.2205 RSD

2016 TMT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TMT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 118.9756. Conversely, the yearly low was recorded on May 3, dropping to 106.6330.

This high-to-low spread represents a total annual volatility of 12.3426 RSD. From a start-to-finish perspective, comparing the January average rate of 112.8261 to the December average rate of 117.0410, the exchange rate registered a net change of 3.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 118.9756 was up 3.82% compared to the 2015 peak of 114.5955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 594,878 RSD
2015 Average 543,910 RSD
Yearly Trough Low 533,165 RSD
Transaction Impact: A difference of 61,713.07 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

117.9150
107.4274
JanuMarcMayJulySeptNove

TMT 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 110.1448, compared to 112.2962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1515 points.

H1 Avg (Jan–Jun) 110.1448
H2 Avg (Jul–Dec) 112.2962

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 6.2284 RSD (High: 116.7456 / Low: 110.5172). On the other end, September was the most stable month, with a tight range of 0.9375 RSD (High: 110.4012 / Low: 109.4637).

November Spread (Volatile) ±6.2284
September Spread (Stable) ±0.9375

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 2.2980 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.2980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 117.0410) against the same month in 2015 (average: 111.7669), the exchange rate shifted by +5.2741 (+4.72%).

2016 Avg (December) 117.0410
2015 Avg (December) 111.7669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 113.8719 111.7738 112.8261
February 113.0023 108.6016 110.6010
March 113.6293 108.0556 110.5994
April 109.4305 107.0577 108.3014
May 110.9913 106.6330 108.7648
June 112.2176 108.3883 109.7759
July 112.2838 110.4154 111.3739
August 111.1018 108.8054 109.9181
September 110.4012 109.4637 109.8832
October 113.1831 109.5014 111.5188
November 116.7456 110.5172 114.0424
December 118.9756 114.6764 117.0410