diff --git a/Cargo.toml b/Cargo.toml
index b762d939..0f898108 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -15,7 +15,7 @@ license = "MIT"
 name = "rust_decimal"
 readme = "./README.md"
 repository = "https://github.com/paupino/rust-decimal"
-version = "1.15.0"
+version = "1.16.0"
 
 [package.metadata.docs.rs]
 all-features = true
diff --git a/README.md b/README.md
index 386b01f5..89bfcc01 100644
--- a/README.md
+++ b/README.md
@@ -17,8 +17,8 @@ To get started, add `rust_decimal` and optionally `rust_decimal_macros` to your
 
 ```toml
 [dependencies]
-rust_decimal = "1.15"
-rust_decimal_macros = "1.15"
+rust_decimal = "1.16"
+rust_decimal_macros = "1.16"
 ```
 
 ## Usage
@@ -158,4 +158,10 @@ libraries, this crate can be compiled with `--no-default-features`.
 
 ## Building
 
-Please refer to the [Build document](BUILD.md) for more information on building and testing Rust Decimal.
\ No newline at end of file
+Please refer to the [Build document](BUILD.md) for more information on building and testing Rust Decimal.
+
+## Minimum Rust Compiler Version
+
+This library maintains support for rust compiler versions at least one year old and only updates the minimum version if and
+when required. The current minimum compiler version is [`1.46.0`](https://github.com/rust-lang/rust/blob/master/RELEASES.md#version-1460-2020-08-27) 
+which was released on `2020-08-27`.
\ No newline at end of file
diff --git a/VERSION.md b/VERSION.md
index c78086f8..d21fd8f1 100644
--- a/VERSION.md
+++ b/VERSION.md
@@ -1,5 +1,16 @@
 # Version History
 
+## 1.16.0
+
+* Implement `sin`/`cos`/`tan` functions which are enabled within the `maths` feature. [#413](https://github.com/paupino/rust-decimal/pull/413).
+* Implement `round_sf` and `round_sf_with_strategy` to enable significant figure rounding. [#421](https://github.com/paupino/rust-decimal/pull/421)
+* Remove unnecessary `std` feature from `arrayvec` usage [#417](https://github.com/paupino/rust-decimal/pull/417).
+* Adhoc benchmarking and fuzz tooling improvements [#412](https://github.com/paupino/rust-decimal/pull/412), 
+  [#415](https://github.com/paupino/rust-decimal/pull/415), [#416](https://github.com/paupino/rust-decimal/pull/416), 
+  [#418](https://github.com/paupino/rust-decimal/pull/418).
+
+Thank you to [@c410-f3r](https://github.com/c410-f3r) for all your help with fuzz and benchmarking improvements!
+
 ## 1.15.0
 
 A minor bug and feature release which adds a couple of new functions as well as cleans up some documentation:
diff --git a/macros/Cargo.toml b/macros/Cargo.toml
index d66214ca..bf7a6ca4 100644
--- a/macros/Cargo.toml
+++ b/macros/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "rust_decimal_macros"
-version = "1.15.0"
+version = "1.16.0"
 authors = ["Paul Mason <paul@form1.co.nz>"]
 edition = "2018"
 description = "Shorthand macros to assist creating Decimal types."
@@ -12,7 +12,7 @@ categories = ["science","data-structures"]
 license = "MIT"
 
 [dependencies]
-rust_decimal = { path = "..", version = "1.15.0" }
+rust_decimal = { path = "..", version = "1.16.0" }
 quote = "1.0"
 
 [features]
diff --git a/src/lib.rs b/src/lib.rs
index fa6164c0..99e8b63a 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -15,8 +15,8 @@
 //!
 //! ```toml
 //! [dependencies]
-//! rust_decimal = "1.15"
-//! rust_decimal_macros = "1.15"
+//! rust_decimal = "1.16"
+//! rust_decimal_macros = "1.16"
 //! ```
 //!
 //! ## Usage