YEARLY HIGH
0.0512 ZAR
YEARLY LOW
0.0371 ZAR
YEARLY AVERAGE
0.0420 ZAR

2016 MRO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0512. Conversely, the yearly low was recorded on November 8, dropping to 0.0371.

This high-to-low spread represents a total annual volatility of 0.0141 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0487 to the December average rate of 0.0387, the exchange rate registered a net change of -20.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0512 was down 1.34% compared to the 2015 peak of 0.0519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256 ZAR
2015 Average 207 ZAR
Yearly Trough Low 186 ZAR
Transaction Impact: A difference of 70.45 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0497
0.0377
JanuMarcMayJulySeptNove

MRO 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 0.0446, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0446
H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0050 ZAR (High: 0.0512 / Low: 0.0462). On the other end, December was the most stable month, with a tight range of 0.0017 ZAR (High: 0.0395 / Low: 0.0378).

January Spread (Volatile) ±0.0050
December Spread (Stable) ±0.0017

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 January and February, when the average rate fell by 0.0025 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0487) against the same month in 2015 (average: 0.0397), the exchange rate shifted by +0.0090 (+22.68%).

2016 Avg (January) 0.0487
2015 Avg (January) 0.0397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0512 0.0462 0.0487
February 0.0483 0.0446 0.0462
March 0.0458 0.0431 0.0447
April 0.0441 0.0410 0.0423
May 0.0444 0.0413 0.0435
June 0.0441 0.0403 0.0424
July 0.0416 0.0393 0.0406
August 0.0412 0.0375 0.0388
September 0.0410 0.0379 0.0396
October 0.0401 0.0380 0.0391
November 0.0403 0.0371 0.0391
December 0.0395 0.0378 0.0387