YEARLY HIGH
0.1322 AZN
YEARLY LOW
0.0931 AZN
YEARLY AVERAGE
0.1096 AZN

2016 ZAR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1322. Conversely, the yearly low was recorded on January 17, dropping to 0.0931.

This high-to-low spread represents a total annual volatility of 0.0391 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0974 to the December average rate of 0.1278, the exchange rate registered a net change of 31.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1322 was up 29.43% compared to the 2015 peak of 0.1022, 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 6,611 AZN
2015 Average 4,004 AZN
Yearly Trough Low 4,655 AZN
Transaction Impact: A difference of 1,956.06 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1309
0.0943
JanuMarcMayJulySeptNove

ZAR to AZN 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 0.1009, compared to 0.1183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 0.1009
H2 Avg (Jul–Dec) 0.1183

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0119 AZN (High: 0.1059 / Low: 0.0941). On the other end, February was the most stable month, with a tight range of 0.0063 AZN (High: 0.1031 / Low: 0.0968).

May Spread (Volatile) ±0.0119
February Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between May and August, 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 0.0057 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1278) against the same month in 2015 (average: 0.0783), the exchange rate shifted by +0.0496 (+63.33%).

2016 Avg (December) 0.1278
2015 Avg (December) 0.0783

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1022 0.0931 0.0974
February 0.1031 0.0968 0.1001
March 0.1090 0.0994 0.1051
April 0.1062 0.0998 0.1038
May 0.1059 0.0941 0.0981
June 0.1068 0.0951 0.1009
July 0.1148 0.1046 0.1088
August 0.1223 0.1130 0.1180
September 0.1212 0.1129 0.1168
October 0.1217 0.1121 0.1162
November 0.1264 0.1185 0.1221
December 0.1322 0.1240 0.1278