YEARLY HIGH
10.9529 ZAR
YEARLY LOW
9.4684 ZAR
YEARLY AVERAGE
10.2337 ZAR

2016 NZD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 10.9529. Conversely, the yearly low was recorded on December 29, dropping to 9.4684.

This high-to-low spread represents a total annual volatility of 1.4845 ZAR. From a start-to-finish perspective, comparing the January average rate of 10.6538 to the December average rate of 9.7393, the exchange rate registered a net change of -8.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.9529 was up 2.63% compared to the 2015 peak of 10.6721, 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 54,765 ZAR
2015 Average 44,536 ZAR
Yearly Trough Low 47,342 ZAR
Transaction Impact: A difference of 7,422.53 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.7452
9.6479
JanuMarcMayJulySeptNove

NZD 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 10.4311, compared to 10.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3948 points.

H1 Avg (Jan–Jun) 10.4311
H2 Avg (Jul–Dec) 10.0363

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.9893 ZAR (High: 10.6081 / Low: 9.6188). On the other end, March was the most stable month, with a tight range of 0.4367 ZAR (High: 10.5610 / Low: 10.1244).

August Spread (Volatile) ±0.9893
March Spread (Stable) ±0.4367

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 June and July, when the average rate fell by 0.3402 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 10.6538) against the same month in 2015 (average: 8.8275), the exchange rate shifted by +1.8263 (+20.69%).

2016 Avg (January) 10.6538
2015 Avg (January) 8.8275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9529 10.2877 10.6538
February 10.7046 10.1296 10.4861
March 10.5610 10.1244 10.3624
April 10.3280 9.8452 10.0651
May 10.6556 9.9214 10.3977
June 10.8010 10.3335 10.6218
July 10.6901 9.9769 10.2816
August 10.6081 9.6188 9.9513
September 10.6286 9.8561 10.2890
October 10.1631 9.6916 9.9732
November 10.2690 9.7830 9.9833
December 9.9955 9.4684 9.7393