2016 BND to ZAR Historical Review

YEARLY HIGH

11.7107 ZAR

YEARLY LOW

9.3692 ZAR

YEARLY AVERAGE

10.6536 ZAR

2016 BND to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 11.7107. Conversely, the yearly low was recorded on December 29, dropping to 9.3692.

This high-to-low spread represents a total annual volatility of 2.3415 ZAR. From a start-to-finish perspective, comparing the January average rate of 11.3747 to the December average rate of 9.6529, the exchange rate registered a net change of -15.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.7107 was up 3.83% compared to the 2015 peak of 11.2790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,553 ZAR

2015 Average 46,421 ZAR

Yearly Trough Low 46,846 ZAR

Transaction Impact: A difference of 11,707.25 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.5468

9.4808

JanuMarcMayJulySeptNove

BND 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 11.1591, compared to 10.1481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0110 points.

H1 Avg (Jan–Jun) 11.1591

H2 Avg (Jul–Dec) 10.1481

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.8627 ZAR (High: 11.4485 / Low: 10.5858). On the other end, December was the most stable month, with a tight range of 0.5133 ZAR (High: 9.8826 / Low: 9.3692).

May Spread (Volatile) ±0.8627

December Spread (Stable) ±0.5133

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 0.4624 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 11.3747) against the same month in 2015 (average: 8.6469), the exchange rate shifted by +2.7277 (+31.55%).

2016 Avg (January) 11.3747

2015 Avg (January) 8.6469

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7107	10.9044	11.3747
February	11.4990	10.8490	11.2529
March	11.4839	10.9343	11.1984
April	11.2490	10.5998	10.8241
May	11.4485	10.5858	11.1751
June	11.3561	10.7508	11.1292
July	10.9509	10.3361	10.6667
August	10.7542	9.9232	10.2200
September	10.7152	9.9323	10.3642
October	10.3321	9.7490	10.0748
November	10.1616	9.5532	9.9097
December	9.8826	9.3692	9.6529