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2016 BBD to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BBD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 8.4288. Conversely, the yearly low was recorded on November 8, dropping to 6.6390.
This high-to-low spread represents a total annual volatility of 1.7897 ZAR. From a start-to-finish perspective, comparing the January average rate of 8.1413 to the December average rate of 6.9229, the exchange rate registered a net change of -14.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 8.4288 was up 6.10% compared to the 2015 peak of 7.9439, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
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BBD to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 7.7033, compared to 7.0012 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.7022 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.7987 ZAR (High: 7.8983 / Low: 7.0996). On the other end, December was the most stable month, with a tight range of 0.2867 ZAR (High: 7.0409 / Low: 6.7543).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3730 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 8.1413) against the same month in 2015 (average: 5.7811), the exchange rate shifted by +2.3603 (+40.83%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 8.4288 | 7.7364 | 8.1413 |
| February | 8.0829 | 7.6156 | 7.9010 |
| March | 7.9116 | 7.3867 | 7.6791 |
| April | 7.6188 | 7.1144 | 7.3061 |
| May | 7.8983 | 7.0996 | 7.6529 |
| June | 7.8229 | 7.2080 | 7.5396 |
| July | 7.3976 | 6.9504 | 7.1995 |
| August | 7.3232 | 6.6643 | 6.8864 |
| September | 7.2920 | 6.7535 | 7.0429 |
| October | 7.1490 | 6.7737 | 6.9644 |
| November | 7.2229 | 6.6390 | 6.9910 |
| December | 7.0409 | 6.7543 | 6.9229 |