2016 FKP to ZAR Historical Review

YEARLY HIGH

24.2875 ZAR

YEARLY LOW

16.4283 ZAR

YEARLY AVERAGE

19.9904 ZAR

2016 FKP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 24.2875. Conversely, the yearly low was recorded on November 8, dropping to 16.4283.

This high-to-low spread represents a total annual volatility of 7.8592 ZAR. From a start-to-finish perspective, comparing the January average rate of 23.4495 to the December average rate of 17.2973, the exchange rate registered a net change of -26.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 24.2875 was up 0.50% compared to the 2015 peak of 24.1670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121,438 ZAR

2015 Average 97,597 ZAR

Yearly Trough Low 82,142 ZAR

Transaction Impact: A difference of 39,296.08 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

24.0744

16.5756

JanuMarcMayJulySeptNove

FKP 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 22.0814, compared to 17.8994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1821 points.

H1 Avg (Jan–Jun) 22.0814

H2 Avg (Jul–Dec) 17.8994

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 2.8758 ZAR (High: 22.5510 / Low: 19.6752). On the other end, April was the most stable month, with a tight range of 0.9815 ZAR (High: 21.4152 / Low: 20.4337).

June Spread (Volatile) ±2.8758

April Spread (Stable) ±0.9815

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 2.4791 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -2.4791

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 23.4495) against the same month in 2015 (average: 17.5270), the exchange rate shifted by +5.9225 (+33.79%).

2016 Avg (January) 23.4495

2015 Avg (January) 17.5270

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.2875	22.6168	23.4495
February	23.2982	21.3989	22.6141
March	22.3979	21.2278	21.9059
April	21.4152	20.4337	20.8962
May	23.1085	20.7217	22.2063
June	22.5510	19.6752	21.4166
July	19.3957	18.3626	18.9374
August	19.2485	17.1716	18.0308
September	19.3577	17.5803	18.5218
October	17.8459	16.5776	17.2005
November	18.0262	16.4283	17.4083
December	17.7319	16.6939	17.2973