YEARLY HIGH
0.5214 BOB
YEARLY LOW
0.4099 BOB
YEARLY AVERAGE
0.4707 BOB

2016 ZAR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5214. Conversely, the yearly low was recorded on January 18, dropping to 0.4099.

This high-to-low spread represents a total annual volatility of 0.1115 BOB. From a start-to-finish perspective, comparing the January average rate of 0.4245 to the December average rate of 0.4993, the exchange rate registered a net change of 17.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5214 was down 14.62% compared to the 2015 peak of 0.6107, 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 26,072 BOB
2015 Average 27,210 BOB
Yearly Trough Low 20,496 BOB
Transaction Impact: A difference of 5,575.56 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5105
0.4167
JanuMarcMayJulySeptNove

ZAR to BOB 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 0.4475, compared to 0.4939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0465 points.

H1 Avg (Jan–Jun) 0.4475
H2 Avg (Jul–Dec) 0.4939

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0505 BOB (High: 0.4864 / Low: 0.4360). On the other end, December was the most stable month, with a tight range of 0.0206 BOB (High: 0.5107 / Low: 0.4901).

May Spread (Volatile) ±0.0505
December Spread (Stable) ±0.0206

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 0.0198 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.4950) against the same month in 2015 (average: 0.4881), the exchange rate shifted by +0.0069 (+1.42%).

2016 Avg (November) 0.4950
2015 Avg (November) 0.4881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4471 0.4099 0.4245
February 0.4524 0.4265 0.4364
March 0.4617 0.4325 0.4453
April 0.4859 0.4506 0.4708
May 0.4864 0.4360 0.4510
June 0.4789 0.4403 0.4569
July 0.4968 0.4654 0.4789
August 0.5187 0.4723 0.5027
September 0.5124 0.4739 0.4913
October 0.5096 0.4840 0.4965
November 0.5214 0.4795 0.4950
December 0.5107 0.4901 0.4993