YEARLY HIGH
2.2095 ZAR
YEARLY LOW
1.7665 ZAR
YEARLY AVERAGE
1.9334 ZAR

2016 GTQ to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GTQ to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.2095. Conversely, the yearly low was recorded on November 8, dropping to 1.7665.

This high-to-low spread represents a total annual volatility of 0.4430 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.1286 to the December average rate of 1.8472, the exchange rate registered a net change of -13.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.2095 was up 5.73% compared to the 2015 peak of 2.0897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,048 ZAR
2015 Average 8,342 ZAR
Yearly Trough Low 8,832 ZAR
Transaction Impact: A difference of 2,215.13 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1588
1.7968
JanuMarcMayJulySeptNove

GTQ 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 2.0073, compared to 1.8594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1479 points.

H1 Avg (Jan–Jun) 2.0073
H2 Avg (Jul–Dec) 1.8594

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2330 ZAR (High: 2.0706 / Low: 1.8376). On the other end, December was the most stable month, with a tight range of 0.0867 ZAR (High: 1.8834 / Low: 1.7967).

May Spread (Volatile) ±0.2330
December Spread (Stable) ±0.0867

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 0.1006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.1286) against the same month in 2015 (average: 1.5142), the exchange rate shifted by +0.6144 (+40.57%).

2016 Avg (January) 2.1286
2015 Avg (January) 1.5142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2095 2.0251 2.1286
February 2.1096 1.9853 2.0626
March 2.0490 1.9140 1.9908
April 1.9734 1.8395 1.8902
May 2.0706 1.8376 1.9987
June 2.0515 1.8847 1.9730
July 1.9361 1.8413 1.8921
August 1.9395 1.7729 1.8270
September 1.9328 1.7957 1.8705
October 1.9134 1.8047 1.8574
November 1.9239 1.7665 1.8621
December 1.8834 1.7967 1.8472