YEARLY HIGH
41.6817 CRC
YEARLY LOW
31.7308 CRC
YEARLY AVERAGE
37.1047 CRC

2016 ZAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 41.6817. Conversely, the yearly low was recorded on January 18, dropping to 31.7308.

This high-to-low spread represents a total annual volatility of 9.9508 CRC. From a start-to-finish perspective, comparing the January average rate of 32.9444 to the December average rate of 39.7149, the exchange rate registered a net change of 20.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 41.6817 was down 12.34% compared to the 2015 peak of 47.5497, 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 2,084,083 CRC
2015 Average 2,106,882 CRC
Yearly Trough Low 1,586,541 CRC
Transaction Impact: A difference of 497,541.82 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

40.5920
32.2492
JanuMarcMayJulySeptNove

ZAR to CRC 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 34.9025, compared to 39.3068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4043 points.

H1 Avg (Jan–Jun) 34.9025
H2 Avg (Jul–Dec) 39.3068

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 3.7460 CRC (High: 37.7496 / Low: 34.0036). On the other end, December was the most stable month, with a tight range of 1.6922 CRC (High: 40.6586 / Low: 38.9664).

May Spread (Volatile) ±3.7460
December Spread (Stable) ±1.6922

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 1.5704 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 39.5245) against the same month in 2015 (average: 37.6459), the exchange rate shifted by +1.8786 (+4.99%).

2016 Avg (November) 39.5245
2015 Avg (November) 37.6459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.7897 31.7308 32.9444
February 35.1445 33.2315 33.9470
March 36.1790 33.7680 34.8123
April 37.7066 35.1835 36.6488
May 37.7496 34.0036 35.0785
June 37.8502 34.3288 35.9841
July 39.2705 36.9933 37.9619
August 41.1200 37.5871 39.8968
September 40.8335 37.7174 39.1183
October 40.6020 38.6268 39.6247
November 41.6817 38.2691 39.5245
December 40.6586 38.9664 39.7149