YEARLY HIGH
2.0647 ZAR
YEARLY LOW
1.6880 ZAR
YEARLY AVERAGE
1.8577 ZAR

2016 SBD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SBD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.0647. Conversely, the yearly low was recorded on November 8, dropping to 1.6880.

This high-to-low spread represents a total annual volatility of 0.3767 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9996 to the December average rate of 1.7571, the exchange rate registered a net change of -12.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0647 was up 5.24% compared to the 2015 peak of 1.9618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,324 ZAR
2015 Average 8,118 ZAR
Yearly Trough Low 8,440 ZAR
Transaction Impact: A difference of 1,883.44 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0238
1.7329
JanuMarcMayJulySeptNove

SBD 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 1.9348, compared to 1.7805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1543 points.

H1 Avg (Jan–Jun) 1.9348
H2 Avg (Jul–Dec) 1.7805

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1966 ZAR (High: 2.0252 / Low: 1.8285). On the other end, October was the most stable month, with a tight range of 0.1073 ZAR (High: 1.8248 / Low: 1.7175).

May Spread (Volatile) ±0.1966
October Spread (Stable) ±0.1073

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 June and July, when the average rate fell by 0.1073 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.9996) against the same month in 2015 (average: 1.5197), the exchange rate shifted by +0.4799 (+31.58%).

2016 Avg (January) 1.9996
2015 Avg (January) 1.5197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0647 1.9017 1.9996
February 1.9881 1.8765 1.9450
March 1.9861 1.8645 1.9268
April 1.9288 1.7815 1.8427
May 2.0252 1.8285 1.9627
June 2.0062 1.8482 1.9321
July 1.8794 1.7602 1.8248
August 1.8678 1.7051 1.7601
September 1.8599 1.7232 1.7970
October 1.8248 1.7175 1.7762
November 1.8344 1.6880 1.7679
December 1.8207 1.6957 1.7571