YEARLY HIGH
1714.6539 STD
YEARLY LOW
1331.0528 STD
YEARLY AVERAGE
1511.0858 STD

2016 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1714.6539. Conversely, the yearly low was recorded on January 18, dropping to 1331.0528.

This high-to-low spread represents a total annual volatility of 383.6010 STD. From a start-to-finish perspective, comparing the January average rate of 1385.2262 to the December average rate of 1679.0648, the exchange rate registered a net change of 21.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1714.6539 was down 11.09% compared to the 2015 peak of 1928.4803, 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 85,732,694 STD
2015 Average 86,924,112 STD
Yearly Trough Low 66,552,642 STD
Transaction Impact: A difference of 19,180,051.99 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1708.4486
1355.8424
JanuMarcMayJulySeptNove

ZAR to STD 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 1426.3378, compared to 1595.8338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 169.4960 points.

H1 Avg (Jan–Jun) 1426.3378
H2 Avg (Jul–Dec) 1595.8338

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 149.2389 STD (High: 1648.9412 / Low: 1499.7023). On the other end, March was the most stable month, with a tight range of 69.9948 STD (High: 1462.3893 / Low: 1392.3945).

August Spread (Volatile) ±149.2389
March Spread (Stable) ±69.9948

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 61.9211 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -61.9211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1679.0648) against the same month in 2015 (average: 1494.6281), the exchange rate shifted by +184.4366 (+12.34%).

2016 Avg (December) 1679.0648
2015 Avg (December) 1494.6281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1455.5608 1331.0528 1385.2262
February 1455.7143 1371.0373 1401.4511
March 1462.3893 1392.3945 1435.1542
April 1518.6835 1416.5582 1476.8279
May 1497.1611 1380.9813 1414.9068
June 1506.1085 1396.0251 1444.4604
July 1582.4623 1495.5851 1537.1492
August 1648.9412 1499.7023 1588.5682
September 1615.0278 1507.8919 1552.6520
October 1651.6526 1545.3634 1593.5312
November 1676.0610 1574.1443 1624.0372
December 1714.6539 1639.6378 1679.0648