YEARLY HIGH
1.3117 ZAR
YEARLY LOW
0.9922 ZAR
YEARLY AVERAGE
1.1087 ZAR

2016 SCR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SCR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.3117. Conversely, the yearly low was recorded on November 8, dropping to 0.9922.

This high-to-low spread represents a total annual volatility of 0.3195 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.2454 to the December average rate of 1.0356, the exchange rate registered a net change of -16.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3117 was up 7.63% compared to the 2015 peak of 1.2187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,558 ZAR
2015 Average 4,814 ZAR
Yearly Trough Low 4,961 ZAR
Transaction Impact: A difference of 1,597.51 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2664
1.0146
JanuMarcMayJulySeptNove

SCR 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 1.1618, compared to 1.0556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1062 points.

H1 Avg (Jan–Jun) 1.1618
H2 Avg (Jul–Dec) 1.0556

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1688 ZAR (High: 1.2113 / Low: 1.0425). On the other end, December was the most stable month, with a tight range of 0.0572 ZAR (High: 1.0658 / Low: 1.0086).

May Spread (Volatile) ±0.1688
December Spread (Stable) ±0.0572

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 March and April, when the average rate fell by 0.0680 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.2454) against the same month in 2015 (average: 0.8312), the exchange rate shifted by +0.4143 (+49.84%).

2016 Avg (January) 1.2454
2015 Avg (January) 0.8312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3117 1.1598 1.2454
February 1.2257 1.1062 1.1803
March 1.1919 1.0886 1.1558
April 1.1411 1.0193 1.0879
May 1.2113 1.0425 1.1492
June 1.2035 1.0914 1.1520
July 1.1325 1.0403 1.0945
August 1.1146 0.9940 1.0407
September 1.1127 1.0173 1.0631
October 1.0925 1.0220 1.0515
November 1.0935 0.9922 1.0479
December 1.0658 1.0086 1.0356