YEARLY HIGH
0.0766 ZAR
YEARLY LOW
0.0620 ZAR
YEARLY AVERAGE
0.0677 ZAR

2016 SYP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0766. Conversely, the yearly low was recorded on August 15, dropping to 0.0620.

This high-to-low spread represents a total annual volatility of 0.0146 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0740 to the December average rate of 0.0649, the exchange rate registered a net change of -12.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0766 was up 0.45% compared to the 2015 peak of 0.0763, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 383 ZAR
2015 Average 329 ZAR
Yearly Trough Low 310 ZAR
Transaction Impact: A difference of 73.15 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0750
0.0631
JanuMarcMayJulySeptNove

SYP 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 0.0702, compared to 0.0653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0702
H2 Avg (Jul–Dec) 0.0653

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0074 ZAR (High: 0.0720 / Low: 0.0647). On the other end, December was the most stable month, with a tight range of 0.0031 ZAR (High: 0.0663 / Low: 0.0632).

May Spread (Volatile) ±0.0074
December Spread (Stable) ±0.0031

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 March and April, when the average rate fell by 0.0033 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0740) against the same month in 2015 (average: 0.0633), the exchange rate shifted by +0.0107 (+16.83%).

2016 Avg (January) 0.0740
2015 Avg (January) 0.0633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0766 0.0702 0.0740
February 0.0735 0.0693 0.0719
March 0.0720 0.0673 0.0699
April 0.0694 0.0648 0.0666
May 0.0720 0.0647 0.0698
June 0.0714 0.0659 0.0689
July 0.0684 0.0645 0.0667
August 0.0683 0.0620 0.0641
September 0.0680 0.0632 0.0657
October 0.0668 0.0633 0.0651
November 0.0676 0.0620 0.0654
December 0.0663 0.0632 0.0649