2016 BIF to ZAR Historical Review

YEARLY HIGH

0.0109 ZAR

YEARLY LOW

0.0079 ZAR

YEARLY AVERAGE

0.0091 ZAR

2016 BIF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0109. Conversely, the yearly low was recorded on November 8, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0029 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0083, the exchange rate registered a net change of -20.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0109 was up 5.88% compared to the 2015 peak of 0.0103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54 ZAR

2015 Average 41 ZAR

Yearly Trough Low 40 ZAR

Transaction Impact: A difference of 14.73 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0106

0.0081

JanuMarcMayJulySeptNove

BIF 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 0.0098, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0098

H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0015 ZAR (High: 0.0101 / Low: 0.0086). On the other end, December was the most stable month, with a tight range of 0.0004 ZAR (High: 0.0084 / Low: 0.0080).

June Spread (Volatile) ±0.0015

December Spread (Stable) ±0.0004

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 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0104) against the same month in 2015 (average: 0.0074), the exchange rate shifted by +0.0030 (+41.33%).

2016 Avg (January) 0.0104

2015 Avg (January) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0109	0.0099	0.0104
February	0.0104	0.0098	0.0101
March	0.0102	0.0094	0.0098
April	0.0098	0.0091	0.0094
May	0.0101	0.0092	0.0098
June	0.0101	0.0086	0.0094
July	0.0089	0.0084	0.0087
August	0.0088	0.0080	0.0083
September	0.0088	0.0081	0.0085
October	0.0086	0.0081	0.0084
November	0.0086	0.0079	0.0084
December	0.0084	0.0080	0.0083