2016 CDF to ZAR Historical Review

YEARLY HIGH

0.0182 ZAR

YEARLY LOW

0.0117 ZAR

YEARLY AVERAGE

0.0153 ZAR

2016 CDF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CDF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0182. Conversely, the yearly low was recorded on December 12, dropping to 0.0117.

This high-to-low spread represents a total annual volatility of 0.0065 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0119, the exchange rate registered a net change of -32.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0182 was up 6.17% compared to the 2015 peak of 0.0171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91 ZAR

2015 Average 69 ZAR

Yearly Trough Low 58 ZAR

Transaction Impact: A difference of 32.65 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0181

0.0113

JanuMarcMayJulySeptNove

CDF 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 0.0166, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0166

H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0036 ZAR (High: 0.0157 / Low: 0.0121). On the other end, October was the most stable month, with a tight range of 0.0007 ZAR (High: 0.0146 / Low: 0.0139).

November Spread (Volatile) ±0.0036

October Spread (Stable) ±0.0007

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 November and December, when the average rate fell by 0.0022 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0176) against the same month in 2015 (average: 0.0125), the exchange rate shifted by +0.0051 (+40.71%).

2016 Avg (January) 0.0176

2015 Avg (January) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0182	0.0167	0.0176
February	0.0174	0.0164	0.0170
March	0.0171	0.0159	0.0166
April	0.0164	0.0153	0.0157
May	0.0170	0.0153	0.0165
June	0.0168	0.0150	0.0161
July	0.0157	0.0142	0.0151
August	0.0150	0.0136	0.0141
September	0.0149	0.0139	0.0144
October	0.0146	0.0139	0.0143
November	0.0157	0.0121	0.0141
December	0.0124	0.0117	0.0119