2016 SAR to LTL Historical Review

YEARLY HIGH

0.8843 LTL

YEARLY LOW

0.8014 LTL

YEARLY AVERAGE

0.8230 LTL

2016 SAR to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SAR to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.8843. Conversely, the yearly low was recorded on May 4, dropping to 0.8014.

This high-to-low spread represents a total annual volatility of 0.0829 LTL. From a start-to-finish perspective, comparing the January average rate of 0.8289 to the December average rate of 0.8735, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8843 was up 5.17% compared to the 2015 peak of 0.8408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,422 LTL

2015 Average 4,030 LTL

Yearly Trough Low 4,007 LTL

Transaction Impact: A difference of 414.71 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8802

0.7997

JanuMarcMayJulySeptNove

SAR to LTL 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 0.8149, compared to 0.8311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.8149

H2 Avg (Jul–Dec) 0.8311

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0508 LTL (High: 0.8707 / Low: 0.8198). On the other end, April was the most stable month, with a tight range of 0.0058 LTL (High: 0.8097 / Low: 0.8038).

November Spread (Volatile) ±0.0508

April Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0108 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.8735) against the same month in 2015 (average: 0.8281), the exchange rate shifted by +0.0454 (+5.49%).

2016 Avg (December) 0.8735

2015 Avg (December) 0.8281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8327	0.8235	0.8289
February	0.8306	0.8076	0.8181
March	0.8299	0.8061	0.8171
April	0.8097	0.8038	0.8064
May	0.8128	0.8014	0.8073
June	0.8244	0.8055	0.8113
July	0.8260	0.8185	0.8223
August	0.8217	0.8067	0.8144
September	0.8166	0.8067	0.8109
October	0.8295	0.8089	0.8205
November	0.8707	0.8198	0.8447
December	0.8843	0.8562	0.8735