YEARLY HIGH
0.1563 ZAR
YEARLY LOW
0.1245 ZAR
YEARLY AVERAGE
0.1368 ZAR

2016 NPR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1563. Conversely, the yearly low was recorded on November 8, dropping to 0.1245.

This high-to-low spread represents a total annual volatility of 0.0319 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1513 to the December average rate of 0.1277, the exchange rate registered a net change of -15.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1563 was up 4.98% compared to the 2015 peak of 0.1489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 782 ZAR
2015 Average 622 ZAR
Yearly Trough Low 622 ZAR
Transaction Impact: A difference of 159.25 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1536
0.1254
JanuMarcMayJulySeptNove

NPR 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 0.1433, compared to 0.1304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.1433
H2 Avg (Jul–Dec) 0.1304

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0130 ZAR (High: 0.1470 / Low: 0.1340). On the other end, December was the most stable month, with a tight range of 0.0052 ZAR (High: 0.1299 / Low: 0.1247).

May Spread (Volatile) ±0.0130
December Spread (Stable) ±0.0052

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 0.0065 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1513) against the same month in 2015 (average: 0.1159), the exchange rate shifted by +0.0353 (+30.49%).

2016 Avg (January) 0.1513
2015 Avg (January) 0.1159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1563 0.1458 0.1513
February 0.1486 0.1388 0.1448
March 0.1470 0.1393 0.1434
April 0.1431 0.1341 0.1374
May 0.1470 0.1340 0.1430
June 0.1451 0.1336 0.1401
July 0.1371 0.1300 0.1340
August 0.1367 0.1247 0.1287
September 0.1362 0.1269 0.1319
October 0.1339 0.1270 0.1305
November 0.1338 0.1245 0.1294
December 0.1299 0.1247 0.1277