YEARLY HIGH
0.4259 ZAR
YEARLY LOW
0.3105 ZAR
YEARLY AVERAGE
0.3511 ZAR

2016 GMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.4259. Conversely, the yearly low was recorded on August 15, dropping to 0.3105.

This high-to-low spread represents a total annual volatility of 0.1154 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4122 to the December average rate of 0.3239, the exchange rate registered a net change of -21.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4259 was up 5.88% compared to the 2015 peak of 0.4023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,130 ZAR
2015 Average 1,558 ZAR
Yearly Trough Low 1,553 ZAR
Transaction Impact: A difference of 577.02 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4211
0.3140
JanuMarcMayJulySeptNove

GMD 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 0.3742, compared to 0.3281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0461 points.

H1 Avg (Jan–Jun) 0.3742
H2 Avg (Jul–Dec) 0.3281

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0556 ZAR (High: 0.4013 / Low: 0.3456). On the other end, December was the most stable month, with a tight range of 0.0138 ZAR (High: 0.3297 / Low: 0.3159).

March Spread (Volatile) ±0.0556
December Spread (Stable) ±0.0138

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 March and April, when the average rate fell by 0.0361 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4122) against the same month in 2015 (average: 0.2692), the exchange rate shifted by +0.1430 (+53.12%).

2016 Avg (January) 0.4122
2015 Avg (January) 0.2692

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4259 0.3915 0.4122
February 0.4094 0.3862 0.4004
March 0.4013 0.3456 0.3786
April 0.3570 0.3339 0.3425
May 0.3698 0.3334 0.3580
June 0.3666 0.3364 0.3533
July 0.3473 0.3266 0.3373
August 0.3439 0.3105 0.3229
September 0.3423 0.3169 0.3306
October 0.3354 0.3170 0.3265
November 0.3383 0.3115 0.3274
December 0.3297 0.3159 0.3239