YEARLY HIGH
9.3937 ZAR
YEARLY LOW
7.2898 ZAR
YEARLY AVERAGE
8.3230 ZAR

2016 BAM to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BAM to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 9.3937. Conversely, the yearly low was recorded on December 29, dropping to 7.2898.

This high-to-low spread represents a total annual volatility of 2.1040 ZAR. From a start-to-finish perspective, comparing the January average rate of 9.0474 to the December average rate of 7.4665, the exchange rate registered a net change of -17.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 9.3937 was up 5.25% compared to the 2015 peak of 8.9255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,969 ZAR
2015 Average 36,221 ZAR
Yearly Trough Low 36,449 ZAR
Transaction Impact: A difference of 10,519.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

9.2055
7.3084
JanuMarcMayJulySeptNove

BAM 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 8.7906, compared to 7.8555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9351 points.

H1 Avg (Jan–Jun) 8.7906
H2 Avg (Jul–Dec) 7.8555

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.7950 ZAR (High: 9.3937 / Low: 8.5987). On the other end, December was the most stable month, with a tight range of 0.3775 ZAR (High: 7.6673 / Low: 7.2898).

January Spread (Volatile) ±0.7950
December Spread (Stable) ±0.3775

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.5218 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.5218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 9.0474) against the same month in 2015 (average: 6.8772), the exchange rate shifted by +2.1703 (+31.56%).

2016 Avg (January) 9.0474
2015 Avg (January) 6.8772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3937 8.5987 9.0474
February 9.2434 8.6062 8.9730
March 8.9897 8.5742 8.7435
April 8.8609 8.2417 8.4717
May 9.0349 8.3211 8.8398
June 8.9399 8.3863 8.6680
July 8.3661 7.9374 8.1462
August 8.3558 7.6155 7.8860
September 8.3358 7.7487 8.0683
October 8.0733 7.5997 7.8565
November 7.9388 7.4821 7.7095
December 7.6673 7.2898 7.4665