2016 SZL to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SZL to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SZL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 689.4750. Conversely, the yearly low was recorded on January 18, dropping to 457.5630.
This high-to-low spread represents a total annual volatility of 231.9120 GNF. From a start-to-finish perspective, comparing the January average rate of 475.6209 to the December average rate of 668.6026, the exchange rate registered a net change of 40.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 689.4750 was up 8.32% compared to the 2015 peak of 636.5369, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SZL to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 496.1336, compared to 649.8709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 153.7373 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 127.2049 GNF (High: 597.3879 / Low: 470.1831). On the other end, February was the most stable month, with a tight range of 26.1583 GNF (High: 503.5704 / Low: 477.4121).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 35.1113 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 668.6026) against the same month in 2015 (average: 513.6867), the exchange rate shifted by +154.9159 (+30.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 499.4329 | 457.5630 | 475.6209 |
| February | 503.5704 | 477.4121 | 487.3315 |
| March | 513.0169 | 482.4534 | 495.6666 |
| April | 532.7132 | 498.7187 | 519.0886 |
| May | 531.9771 | 465.9543 | 483.9773 |
| June | 597.3879 | 470.1831 | 515.1167 |
| July | 641.9884 | 596.7676 | 621.7059 |
| August | 679.0041 | 625.9215 | 658.2878 |
| September | 670.4614 | 619.0857 | 645.6921 |
| October | 670.5210 | 636.5660 | 652.1216 |
| November | 684.9331 | 625.0483 | 652.8151 |
| December | 689.4750 | 651.8623 | 668.6026 |