YEARLY HIGH
85.7855 CDF
YEARLY LOW
54.9840 CDF
YEARLY AVERAGE
66.1784 CDF

2016 ZAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 85.7855. Conversely, the yearly low was recorded on January 17, dropping to 54.9840.

This high-to-low spread represents a total annual volatility of 30.8016 CDF. From a start-to-finish perspective, comparing the January average rate of 56.9614 to the December average rate of 84.0245, the exchange rate registered a net change of 47.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 85.7855 was up 4.82% compared to the 2015 peak of 81.8418, 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 4,289,277 CDF
2015 Average 3,649,643 CDF
Yearly Trough Low 2,749,199 CDF
Transaction Impact: A difference of 1,540,078.42 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

86.7308
54.2551
JanuMarcMayJulySeptNove

ZAR to CDF 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 60.4373, compared to 71.9194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.4821 points.

H1 Avg (Jan–Jun) 60.4373
H2 Avg (Jul–Dec) 71.9194

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 18.9423 CDF (High: 82.6630 / Low: 63.7207). On the other end, October was the most stable month, with a tight range of 3.2905 CDF (High: 71.7043 / Low: 68.4139).

November Spread (Volatile) ±18.9423
October Spread (Stable) ±3.2905

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 2.8613 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.8613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 84.0245) against the same month in 2015 (average: 61.6174), the exchange rate shifted by +22.4072 (+36.37%).

2016 Avg (December) 84.0245
2015 Avg (December) 61.6174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.7428 54.9840 56.9614
February 61.0470 57.4116 58.7641
March 62.7297 58.4818 60.3635
April 65.2553 60.9740 63.5337
May 65.4260 58.6518 60.6724
June 66.6132 59.3998 62.3290
July 70.2659 63.8615 66.1157
August 73.3131 66.8085 70.9666
September 72.1172 67.0942 69.3475
October 71.7043 68.4139 69.7463
November 82.6630 63.7207 71.3159
December 85.7855 80.6283 84.0245