YEARLY HIGH
0.2456 ZAR
YEARLY LOW
0.1967 ZAR
YEARLY AVERAGE
0.2169 ZAR

2016 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.2456. Conversely, the yearly low was recorded on August 10, dropping to 0.1967.

This high-to-low spread represents a total annual volatility of 0.0489 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2374 to the December average rate of 0.2087, the exchange rate registered a net change of -12.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2456 was up 3.27% compared to the 2015 peak of 0.2378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,228 ZAR
2015 Average 1,042 ZAR
Yearly Trough Low 984 ZAR
Transaction Impact: A difference of 244.29 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2407
0.2015
JanuMarcMayJulySeptNove

AFN to ZAR 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 0.2243, compared to 0.2094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.2243
H2 Avg (Jul–Dec) 0.2094

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0230 ZAR (High: 0.2198 / Low: 0.1967). On the other end, December was the most stable month, with a tight range of 0.0091 ZAR (High: 0.2119 / Low: 0.2028).

August Spread (Volatile) ±0.0230
December Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0108 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2374) against the same month in 2015 (average: 0.2003), the exchange rate shifted by +0.0371 (+18.50%).

2016 Avg (January) 0.2374
2015 Avg (January) 0.2003

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2456 0.2263 0.2374
February 0.2355 0.2199 0.2295
March 0.2312 0.2152 0.2243
April 0.2223 0.2081 0.2135
May 0.2294 0.2077 0.2230
June 0.2269 0.2093 0.2182
July 0.2157 0.2023 0.2096
August 0.2198 0.1967 0.2047
September 0.2187 0.2030 0.2113
October 0.2176 0.2055 0.2115
November 0.2180 0.2013 0.2108
December 0.2119 0.2028 0.2087