YEARLY HIGH
0.0315 ZAR
YEARLY LOW
0.0240 ZAR
YEARLY AVERAGE
0.0271 ZAR

2016 CRC to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CRC to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0315. Conversely, the yearly low was recorded on November 8, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0075 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0304 to the December average rate of 0.0252, the exchange rate registered a net change of -17.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0315 was up 5.36% compared to the 2015 peak of 0.0299, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158 ZAR
2015 Average 119 ZAR
Yearly Trough Low 120 ZAR
Transaction Impact: A difference of 37.62 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0309
0.0246
JanuMarcMayJulySeptNove

CRC 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 0.0287, compared to 0.0255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0287
H2 Avg (Jul–Dec) 0.0255

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0029 ZAR (High: 0.0294 / Low: 0.0265). On the other end, December was the most stable month, with a tight range of 0.0011 ZAR (High: 0.0257 / Low: 0.0246).

May Spread (Volatile) ±0.0029
December Spread (Stable) ±0.0011

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 0.0015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0304) against the same month in 2015 (average: 0.0215), the exchange rate shifted by +0.0089 (+41.55%).

2016 Avg (January) 0.0304
2015 Avg (January) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0315 0.0287 0.0304
February 0.0301 0.0285 0.0295
March 0.0296 0.0276 0.0287
April 0.0284 0.0265 0.0273
May 0.0294 0.0265 0.0285
June 0.0291 0.0264 0.0278
July 0.0270 0.0255 0.0263
August 0.0266 0.0243 0.0251
September 0.0265 0.0245 0.0256
October 0.0259 0.0246 0.0252
November 0.0261 0.0240 0.0253
December 0.0257 0.0246 0.0252