2016 ZAR to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 228.1301. Conversely, the yearly low was recorded on May 18, dropping to 191.4091.
This high-to-low spread represents a total annual volatility of 36.7210 COP. From a start-to-finish perspective, comparing the January average rate of 201.5265 to the December average rate of 217.2296, the exchange rate registered a net change of 7.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 228.1301 was down 7.14% compared to the 2015 peak of 245.6716, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ZAR to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 202.7129, compared to 213.0745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.3617 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 23.0321 COP (High: 224.1706 / Low: 201.1385). On the other end, April was the most stable month, with a tight range of 5.8180 COP (High: 207.2175 / Low: 201.3995).
Growth Streaks & Declines
TrendsBetween 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 9.3104 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 222.5982) against the same month in 2015 (average: 212.5243), the exchange rate shifted by +10.0739 (+4.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 207.2459 | 194.9136 | 201.5265 |
| February | 218.8567 | 206.7366 | 212.4127 |
| March | 208.2313 | 196.7244 | 203.4828 |
| April | 207.2175 | 201.3995 | 205.0809 |
| May | 200.8950 | 191.4091 | 195.7704 |
| June | 203.2735 | 193.8002 | 198.0039 |
| July | 221.1354 | 200.4824 | 206.0073 |
| August | 224.1706 | 201.1385 | 214.7202 |
| September | 214.9423 | 200.1857 | 207.4247 |
| October | 220.6436 | 204.1063 | 210.4671 |
| November | 228.1301 | 214.6653 | 222.5982 |
| December | 223.7932 | 212.3160 | 217.2296 |