YEARLY HIGH
3.7177 RSD
YEARLY LOW
3.2588 RSD
YEARLY AVERAGE
3.4492 RSD

2016 TWD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TWD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 3.7177. Conversely, the yearly low was recorded on February 9, dropping to 3.2588.

This high-to-low spread represents a total annual volatility of 0.4589 RSD. From a start-to-finish perspective, comparing the January average rate of 3.3749 to the December average rate of 3.6562, the exchange rate registered a net change of 8.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.7177 was up 2.78% compared to the 2015 peak of 3.6172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,588 RSD
2015 Average 17,122 RSD
Yearly Trough Low 16,294 RSD
Transaction Impact: A difference of 2,294.67 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.6894
3.2916
JanuMarcMayJulySeptNove

TWD 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 3.3617, compared to 3.5367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1750 points.

H1 Avg (Jan–Jun) 3.3617
H2 Avg (Jul–Dec) 3.5367

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1481 RSD (High: 3.6576 / Low: 3.5095). On the other end, April was the most stable month, with a tight range of 0.0653 RSD (High: 3.3822 / Low: 3.3168).

November Spread (Volatile) ±0.1481
April Spread (Stable) ±0.0653

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0502 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 3.6562) against the same month in 2015 (average: 3.4036), the exchange rate shifted by +0.2526 (+7.42%).

2016 Avg (December) 3.6562
2015 Avg (December) 3.4036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.4140 3.3477 3.3749
February 3.3949 3.2588 3.3248
March 3.4359 3.3461 3.3873
April 3.3822 3.3168 3.3480
May 3.4088 3.3004 3.3415
June 3.4537 3.3506 3.3937
July 3.5069 3.4315 3.4705
August 3.5412 3.4286 3.4825
September 3.5245 3.4510 3.4883
October 3.5812 3.4951 3.5324
November 3.6576 3.5095 3.5901
December 3.7177 3.5974 3.6562