YEARLY HIGH
0.1372 BAM
YEARLY LOW
0.1065 BAM
YEARLY AVERAGE
0.1207 BAM

2016 ZAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1372. Conversely, the yearly low was recorded on January 18, dropping to 0.1065.

This high-to-low spread represents a total annual volatility of 0.0307 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1106 to the December average rate of 0.1339, the exchange rate registered a net change of 21.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1372 was down 10.86% compared to the 2015 peak of 0.1539, 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 6,859 BAM
2015 Average 6,942 BAM
Yearly Trough Low 5,323 BAM
Transaction Impact: A difference of 1,536.22 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1363
0.1083
JanuMarcMayJulySeptNove

ZAR to BAM 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 0.1139, compared to 0.1274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.1139
H2 Avg (Jul–Dec) 0.1274

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0116 BAM (High: 0.1313 / Low: 0.1197). On the other end, March was the most stable month, with a tight range of 0.0054 BAM (High: 0.1166 / Low: 0.1112).

August Spread (Volatile) ±0.0116
March Spread (Stable) ±0.0054

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 0.0049 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1339) against the same month in 2015 (average: 0.1193), the exchange rate shifted by +0.0146 (+12.24%).

2016 Avg (December) 0.1339
2015 Avg (December) 0.1193

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1163 0.1065 0.1106
February 0.1162 0.1082 0.1115
March 0.1166 0.1112 0.1144
April 0.1213 0.1129 0.1181
May 0.1202 0.1107 0.1132
June 0.1192 0.1119 0.1154
July 0.1260 0.1195 0.1228
August 0.1313 0.1197 0.1269
September 0.1291 0.1200 0.1240
October 0.1316 0.1239 0.1273
November 0.1337 0.1260 0.1297
December 0.1372 0.1304 0.1339