YEARLY HIGH
1.9655 ZAR
YEARLY LOW
1.4788 ZAR
YEARLY AVERAGE
1.7220 ZAR

2016 SEK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SEK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.9655. Conversely, the yearly low was recorded on November 8, dropping to 1.4788.

This high-to-low spread represents a total annual volatility of 0.4867 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9066 to the December average rate of 1.5049, the exchange rate registered a net change of -21.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9655 was up 5.03% compared to the 2015 peak of 1.8714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,827 ZAR
2015 Average 7,571 ZAR
Yearly Trough Low 7,394 ZAR
Transaction Impact: A difference of 2,433.71 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9468
1.4647
JanuMarcMayJulySeptNove

SEK 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 1.8481, compared to 1.5960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2520 points.

H1 Avg (Jan–Jun) 1.8481
H2 Avg (Jul–Dec) 1.5960

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1412 ZAR (High: 1.9655 / Low: 1.8243). On the other end, December was the most stable month, with a tight range of 0.0428 ZAR (High: 1.5286 / Low: 1.4858).

January Spread (Volatile) ±0.1412
December Spread (Stable) ±0.0428

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 0.1355 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.9066) against the same month in 2015 (average: 1.4260), the exchange rate shifted by +0.4805 (+33.70%).

2016 Avg (January) 1.9066
2015 Avg (January) 1.4260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9655 1.8243 1.9066
February 1.9109 1.7945 1.8652
March 1.9015 1.8019 1.8409
April 1.8667 1.7554 1.7982
May 1.8948 1.7688 1.8603
June 1.8837 1.7482 1.8173
July 1.7303 1.6236 1.6818
August 1.7134 1.5756 1.6257
September 1.7050 1.5735 1.6501
October 1.6222 1.4998 1.5825
November 1.5753 1.4788 1.5312
December 1.5286 1.4858 1.5049