2016 SZL to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SZL to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SZL to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 8.0155. Conversely, the yearly low was recorded on January 11, dropping to 6.4118.
This high-to-low spread represents a total annual volatility of 1.6037 NPR. From a start-to-finish perspective, comparing the January average rate of 6.6177 to the December average rate of 7.8228, the exchange rate registered a net change of 18.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 8.0155 was down 8.10% compared to the 2015 peak of 8.7215, 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 NPR 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 6.9859, compared to 7.6767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6907 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.6622 NPR (High: 7.4690 / Low: 6.8068). On the other end, December was the most stable month, with a tight range of 0.3338 NPR (High: 8.0155 / Low: 7.6817).
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 0.2814 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 7.8228) against the same month in 2015 (average: 7.0643), the exchange rate shifted by +0.7585 (+10.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.8457 | 6.4118 | 6.6177 |
| February | 7.1913 | 6.7324 | 6.9097 |
| March | 7.1648 | 6.8068 | 6.9692 |
| April | 7.4670 | 6.9878 | 7.2799 |
| May | 7.4690 | 6.8068 | 6.9985 |
| June | 7.4769 | 6.8923 | 7.1405 |
| July | 7.6808 | 7.2903 | 7.4664 |
| August | 7.9985 | 7.4192 | 7.7900 |
| September | 7.8668 | 7.3290 | 7.5891 |
| October | 7.8631 | 7.4637 | 7.6592 |
| November | 8.0037 | 7.4655 | 7.7324 |
| December | 8.0155 | 7.6817 | 7.8228 |