YEARLY HIGH
10.9280 SZL
YEARLY LOW
9.4904 SZL
YEARLY AVERAGE
10.2333 SZL

2016 NZD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 10.9280. Conversely, the yearly low was recorded on December 29, dropping to 9.4904.

This high-to-low spread represents a total annual volatility of 1.4376 SZL. From a start-to-finish perspective, comparing the January average rate of 10.6487 to the December average rate of 9.7500, the exchange rate registered a net change of -8.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.9280 was up 2.87% compared to the 2015 peak of 10.6228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,640 SZL
2015 Average 44,536 SZL
Yearly Trough Low 47,452 SZL
Transaction Impact: A difference of 7,188.02 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.7386
9.6602
JanuMarcMayJulySeptNove

NZD to SZL 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 10.4313, compared to 10.0353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3960 points.

H1 Avg (Jan–Jun) 10.4313
H2 Avg (Jul–Dec) 10.0353

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.8196 SZL (High: 10.4581 / Low: 9.6385). On the other end, March was the most stable month, with a tight range of 0.4615 SZL (High: 10.6098 / Low: 10.1483).

August Spread (Volatile) ±0.8196
March Spread (Stable) ±0.4615

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3481 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 10.6487) against the same month in 2015 (average: 8.8312), the exchange rate shifted by +1.8175 (+20.58%).

2016 Avg (January) 10.6487
2015 Avg (January) 8.8312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9280 10.3278 10.6487
February 10.7077 10.1244 10.4867
March 10.6098 10.1483 10.3677
April 10.3286 9.8371 10.0666
May 10.6609 9.9147 10.3966
June 10.8149 10.3307 10.6216
July 10.6676 9.9739 10.2818
August 10.4581 9.6385 9.9337
September 10.6472 9.8821 10.2845
October 10.1899 9.7051 9.9763
November 10.2796 9.7826 9.9856
December 9.9740 9.4904 9.7500