2016 ZAR to BGN Historical Review

YEARLY HIGH

0.1361 BGN

YEARLY LOW

0.1064 BGN

YEARLY AVERAGE

0.1206 BGN

2016 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1361. Conversely, the yearly low was recorded on January 17, dropping to 0.1064.

This high-to-low spread represents a total annual volatility of 0.0296 BGN. 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 21.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1361 was down 11.50% compared to the 2015 peak of 0.1538, 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 6,804 BGN

2015 Average 6,941 BGN

Yearly Trough Low 5,322 BGN

Transaction Impact: A difference of 1,481.98 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1362

0.1083

JanuMarcMayJulySeptNove

ZAR to BGN 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 0.0135 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 BGN (High: 0.1313 / Low: 0.1197). On the other end, March was the most stable month, with a tight range of 0.0054 BGN (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 +0.0145 (+12.19%).

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	0.1064	0.1106
February	0.1162	0.1081	0.1115
March	0.1166	0.1112	0.1144
April	0.1214	0.1129	0.1181
May	0.1203	0.1107	0.1132
June	0.1193	0.1119	0.1154
July	0.1260	0.1194	0.1227
August	0.1313	0.1197	0.1268
September	0.1290	0.1200	0.1240
October	0.1316	0.1238	0.1273
November	0.1335	0.1258	0.1297
December	0.1361	0.1304	0.1339