2016 CVE to ZAR Historical Review

YEARLY HIGH

0.1669 ZAR

YEARLY LOW

0.1286 ZAR

YEARLY AVERAGE

0.1477 ZAR

2016 CVE to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1669. Conversely, the yearly low was recorded on December 29, dropping to 0.1286.

This high-to-low spread represents a total annual volatility of 0.0383 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1605 to the December average rate of 0.1325, the exchange rate registered a net change of -17.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1669 was up 5.35% compared to the 2015 peak of 0.1584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 834 ZAR

2015 Average 643 ZAR

Yearly Trough Low 643 ZAR

Transaction Impact: A difference of 191.59 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1633

0.1297

JanuMarcMayJulySeptNove

CVE 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 0.1559, compared to 0.1394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.1559

H2 Avg (Jul–Dec) 0.1394

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0145 ZAR (High: 0.1669 / Low: 0.1523). On the other end, December was the most stable month, with a tight range of 0.0072 ZAR (High: 0.1358 / Low: 0.1286).

January Spread (Volatile) ±0.0145

December Spread (Stable) ±0.0072

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 0.0090 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1605) against the same month in 2015 (average: 0.1223), the exchange rate shifted by +0.0382 (+31.23%).

2016 Avg (January) 0.1605

2015 Avg (January) 0.1223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1669	0.1523	0.1605
February	0.1634	0.1522	0.1590
March	0.1591	0.1517	0.1548
April	0.1567	0.1467	0.1502
May	0.1616	0.1473	0.1572
June	0.1586	0.1477	0.1536
July	0.1486	0.1407	0.1446
August	0.1482	0.1350	0.1400
September	0.1476	0.1375	0.1432
October	0.1437	0.1348	0.1394
November	0.1411	0.1328	0.1369
December	0.1358	0.1286	0.1325