YEARLY HIGH
2.1616 ZAR
YEARLY LOW
1.7122 ZAR
YEARLY AVERAGE
1.8944 ZAR

2016 HKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.1616. Conversely, the yearly low was recorded on November 8, dropping to 1.7122.

This high-to-low spread represents a total annual volatility of 0.4494 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.0928 to the December average rate of 1.7870, the exchange rate registered a net change of -14.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1616 was up 5.44% compared to the 2015 peak of 2.0501, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 54,040 ZAR
2015 Average 41,194 ZAR
Yearly Trough Low 42,805 ZAR
Transaction Impact: A difference of 11,235.16 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1245
1.7441
JanuMarcMayJulySeptNove

HKD 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 1.9833, compared to 1.8056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1778 points.

H1 Avg (Jan–Jun) 1.9833
H2 Avg (Jul–Dec) 1.8056

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2029 ZAR (High: 2.0333 / Low: 1.8304). On the other end, December was the most stable month, with a tight range of 0.0787 ZAR (High: 1.8204 / Low: 1.7417).

May Spread (Volatile) ±0.2029
December Spread (Stable) ±0.0787

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 0.0952 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.0928) against the same month in 2015 (average: 1.4913), the exchange rate shifted by +0.6016 (+40.34%).

2016 Avg (January) 2.0928
2015 Avg (January) 1.4913

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1616 1.9963 2.0928
February 2.0793 1.9599 2.0302
March 2.0389 1.9048 1.9791
April 1.9638 1.8340 1.8839
May 2.0333 1.8304 1.9713
June 2.0136 1.8584 1.9426
July 1.9070 1.7918 1.8563
August 1.8881 1.7184 1.7758
September 1.8801 1.7416 1.8160
October 1.8429 1.7469 1.7956
November 1.8623 1.7122 1.8026
December 1.8204 1.7417 1.7870