YEARLY HIGH
18.3687 ZAR
YEARLY LOW
14.3614 ZAR
YEARLY AVERAGE
16.2814 ZAR

2016 EUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 18.3687. Conversely, the yearly low was recorded on December 29, dropping to 14.3614.

This high-to-low spread represents a total annual volatility of 4.0073 ZAR. From a start-to-finish perspective, comparing the January average rate of 17.6938 to the December average rate of 14.6050, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 18.3687 was up 5.17% compared to the 2015 peak of 17.4665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,844 ZAR
2015 Average 70,838 ZAR
Yearly Trough Low 71,807 ZAR
Transaction Impact: A difference of 20,036.68 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

18.0027
14.2961
JanuMarcMayJulySeptNove

EUR 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 17.1943, compared to 15.3684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8260 points.

H1 Avg (Jan–Jun) 17.1943
H2 Avg (Jul–Dec) 15.3684

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 1.5727 ZAR (High: 18.3687 / Low: 16.7960). On the other end, December was the most stable month, with a tight range of 0.6553 ZAR (High: 15.0166 / Low: 14.3614).

January Spread (Volatile) ±1.5727
December Spread (Stable) ±0.6553

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 1.0192 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 17.6938) against the same month in 2015 (average: 13.4364), the exchange rate shifted by +4.2574 (+31.69%).

2016 Avg (January) 17.6938
2015 Avg (January) 13.4364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3687 16.7960 17.6938
February 18.1302 16.7982 17.5512
March 17.5752 16.7614 17.1115
April 17.3301 16.1080 16.5709
May 17.6405 16.2676 17.2816
June 17.5001 16.4134 16.9571
July 16.3664 15.5272 15.9378
August 16.3482 14.9047 15.4296
September 16.3269 15.1525 15.7901
October 15.7786 14.8643 15.3699
November 15.5320 14.6266 15.0780
December 15.0166 14.3614 14.6050