YEARLY HIGH
2.4395 ZAR
YEARLY LOW
1.9178 ZAR
YEARLY AVERAGE
2.1320 ZAR

2016 BOB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.4395. Conversely, the yearly low was recorded on November 8, dropping to 1.9178.

This high-to-low spread represents a total annual volatility of 0.5217 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.3572 to the December average rate of 2.0031, the exchange rate registered a net change of -15.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4395 was up 5.99% compared to the 2015 peak of 2.3017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,197 ZAR
2015 Average 9,250 ZAR
Yearly Trough Low 9,589 ZAR
Transaction Impact: A difference of 2,608.44 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3938
1.9542
JanuMarcMayJulySeptNove

BOB 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 2.2382, compared to 2.0259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2123 points.

H1 Avg (Jan–Jun) 2.2382
H2 Avg (Jul–Dec) 2.0259

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2380 ZAR (High: 2.2938 / Low: 2.0558). On the other end, December was the most stable month, with a tight range of 0.0824 ZAR (High: 2.0405 / Low: 1.9581).

May Spread (Volatile) ±0.2380
December Spread (Stable) ±0.0824

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 March and April, when the average rate fell by 0.1212 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.3572) against the same month in 2015 (average: 1.6727), the exchange rate shifted by +0.6845 (+40.93%).

2016 Avg (January) 2.3572
2015 Avg (January) 1.6727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4395 2.2367 2.3572
February 2.3449 2.2103 2.2924
March 2.3121 2.1660 2.2462
April 2.2195 2.0579 2.1249
May 2.2938 2.0558 2.2193
June 2.2710 2.0882 2.1893
July 2.1488 2.0130 2.0889
August 2.1174 1.9278 1.9909
September 2.1103 1.9516 2.0364
October 2.0662 1.9624 2.0144
November 2.0854 1.9178 2.0215
December 2.0405 1.9581 2.0031