2016 HNL to ZAR Historical Review

YEARLY HIGH

0.7511 ZAR

YEARLY LOW

0.5818 ZAR

YEARLY AVERAGE

0.6464 ZAR

2016 HNL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.7511. Conversely, the yearly low was recorded on November 8, dropping to 0.5818.

This high-to-low spread represents a total annual volatility of 0.1694 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7259 to the December average rate of 0.5944, the exchange rate registered a net change of -18.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7511 was up 3.42% compared to the 2015 peak of 0.7263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,756 ZAR

2015 Average 2,942 ZAR

Yearly Trough Low 2,909 ZAR

Transaction Impact: A difference of 846.76 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7390

0.5812

JanuMarcMayJulySeptNove

HNL 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 0.6825, compared to 0.6103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0721 points.

H1 Avg (Jan–Jun) 0.6825

H2 Avg (Jul–Dec) 0.6103

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0683 ZAR (High: 0.6978 / Low: 0.6295). On the other end, December was the most stable month, with a tight range of 0.0257 ZAR (High: 0.6082 / Low: 0.5825).

May Spread (Volatile) ±0.0683

December Spread (Stable) ±0.0257

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 0.0323 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7259) against the same month in 2015 (average: 0.5490), the exchange rate shifted by +0.1769 (+32.23%).

2016 Avg (January) 0.7259

2015 Avg (January) 0.5490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7511	0.6941	0.7259
February	0.7179	0.6738	0.7001
March	0.7007	0.6540	0.6794
April	0.6748	0.6307	0.6474
May	0.6978	0.6295	0.6776
June	0.6916	0.6333	0.6644
July	0.6500	0.6120	0.6322
August	0.6405	0.5837	0.6026
September	0.6379	0.5928	0.6165
October	0.6242	0.5960	0.6094
November	0.6251	0.5818	0.6069
December	0.6082	0.5825	0.5944