2016 KZT to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KZT to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KZT to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 28.4445. Conversely, the yearly low was recorded on January 21, dropping to 20.2666.
This high-to-low spread represents a total annual volatility of 8.1779 GNF. From a start-to-finish perspective, comparing the January average rate of 21.3771 to the December average rate of 27.7548, the exchange rate registered a net change of 29.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 28.4445 was down 30.36% compared to the 2015 peak of 40.8426, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KZT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
KZT to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.1222, compared to 26.8710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7488 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 4.9938 GNF (High: 26.5391 / Low: 21.5453). On the other end, March was the most stable month, with a tight range of 0.3009 GNF (High: 22.2077 / Low: 21.9068).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4989 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 27.7548) against the same month in 2015 (average: 23.9251), the exchange rate shifted by +3.8297 (+16.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.6870 | 20.2666 | 21.3771 |
| February | 21.9607 | 20.8324 | 21.4900 |
| March | 22.2077 | 21.9068 | 22.0544 |
| April | 23.0480 | 22.0052 | 22.5024 |
| May | 23.0893 | 21.7586 | 22.2642 |
| June | 26.5391 | 21.5453 | 23.0450 |
| July | 26.7039 | 25.1122 | 26.1921 |
| August | 26.7467 | 25.2511 | 26.2958 |
| September | 27.1027 | 26.1801 | 26.8078 |
| October | 27.5018 | 26.8797 | 27.3373 |
| November | 27.2474 | 26.4002 | 26.8384 |
| December | 28.4445 | 26.9914 | 27.7548 |