YEARLY HIGH
3.6756 PHP
YEARLY LOW
2.8291 PHP
YEARLY AVERAGE
3.2418 PHP

2016 ZAR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 3.6756. Conversely, the yearly low was recorded on January 11, dropping to 2.8291.

This high-to-low spread represents a total annual volatility of 0.8465 PHP. From a start-to-finish perspective, comparing the January average rate of 2.9200 to the December average rate of 3.5908, the exchange rate registered a net change of 22.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.6756 was down 5.93% compared to the 2015 peak of 3.9072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 183,782 PHP
2015 Average 179,062 PHP
Yearly Trough Low 141,456 PHP
Transaction Impact: A difference of 42,326.24 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.6579
2.8529
JanuMarcMayJulySeptNove

ZAR to PHP 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 3.0475, compared to 3.4362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3887 points.

H1 Avg (Jan–Jun) 3.0475
H2 Avg (Jul–Dec) 3.4362

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.3764 PHP (High: 3.5769 / Low: 3.2006). On the other end, December was the most stable month, with a tight range of 0.1433 PHP (High: 3.6756 / Low: 3.5324).

September Spread (Volatile) ±0.3764
December Spread (Stable) ±0.1433

Growth Streaks & Declines

Trends

Between 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 0.1118 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 3.5908) against the same month in 2015 (average: 3.1384), the exchange rate shifted by +0.4524 (+14.42%).

2016 Avg (December) 3.5908
2015 Avg (December) 3.1384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0325 2.8291 2.9200
February 3.1245 2.9386 3.0141
March 3.1125 2.9543 3.0337
April 3.3031 3.0347 3.1735
May 3.3112 2.9592 3.0617
June 3.2239 2.9818 3.0818
July 3.3855 3.1822 3.2679
August 3.4971 3.1812 3.3869
September 3.5769 3.2006 3.3773
October 3.5770 3.3861 3.4716
November 3.6595 3.4114 3.5225
December 3.6756 3.5324 3.5908