YEARLY HIGH
1.0119 ZAR
YEARLY LOW
0.9929 ZAR
YEARLY AVERAGE
1.0001 ZAR

2016 NAD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NAD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 1.0119. Conversely, the yearly low was recorded on December 20, dropping to 0.9929.

This high-to-low spread represents a total annual volatility of 0.0190 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.0005 to the December average rate of 0.9996, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0119 was up 0.45% compared to the 2015 peak of 1.0074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,059 ZAR
2015 Average 5,000 ZAR
Yearly Trough Low 4,965 ZAR
Transaction Impact: A difference of 94.92 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0012
0.9994
JanuMarcMayJulySeptNove

NAD 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 1.0001, compared to 1.0001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 1.0001
H2 Avg (Jul–Dec) 1.0001

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0167 ZAR (High: 1.0119 / Low: 0.9952). On the other end, May was the most stable month, with a tight range of 0.0048 ZAR (High: 1.0023 / Low: 0.9975).

August Spread (Volatile) ±0.0167
May Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 1.0007) against the same month in 2015 (average: 1.0003), the exchange rate shifted by +0.0005 (+0.05%).

2016 Avg (August) 1.0007
2015 Avg (August) 1.0003

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0060 0.9951 1.0005
February 1.0055 0.9967 1.0004
March 1.0022 0.9954 0.9995
April 1.0018 0.9951 0.9999
May 1.0023 0.9975 1.0001
June 1.0063 0.9977 1.0002
July 1.0103 0.9962 1.0003
August 1.0119 0.9952 1.0007
September 1.0085 0.9929 1.0010
October 1.0063 0.9949 0.9997
November 1.0080 0.9957 0.9995
December 1.0062 0.9929 0.9996