2016 GNF to ZAR Historical Review

YEARLY HIGH

0.0022 ZAR

YEARLY LOW

0.0014 ZAR

YEARLY AVERAGE

0.0018 ZAR

2016 GNF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0022. Conversely, the yearly low was recorded on December 29, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0007 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0015, the exchange rate registered a net change of -29.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0022 was up 5.74% compared to the 2015 peak of 0.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 ZAR

2015 Average 9 ZAR

Yearly Trough Low 7 ZAR

Transaction Impact: A difference of 3.70 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0022

0.0014

JanuMarcMayJulySeptNove

GNF 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 0.0020, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0020

H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0005 ZAR (High: 0.0021 / Low: 0.0017). On the other end, October was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0016 / Low: 0.0015).

June Spread (Volatile) ±0.0005

October Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0021) against the same month in 2015 (average: 0.0016), the exchange rate shifted by +0.0005 (+28.61%).

2016 Avg (January) 0.0021

2015 Avg (January) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0022	0.0020	0.0021
February	0.0021	0.0020	0.0021
March	0.0021	0.0019	0.0020
April	0.0020	0.0019	0.0019
May	0.0021	0.0019	0.0021
June	0.0021	0.0017	0.0020
July	0.0017	0.0016	0.0016
August	0.0016	0.0015	0.0015
September	0.0016	0.0015	0.0016
October	0.0016	0.0015	0.0015
November	0.0016	0.0015	0.0015
December	0.0015	0.0014	0.0015