2016 ZAR to CVE Historical Review

YEARLY HIGH

7.7788 CVE

YEARLY LOW

5.9926 CVE

YEARLY AVERAGE

6.8006 CVE

2016 ZAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 7.7788. Conversely, the yearly low was recorded on January 18, dropping to 5.9926.

This high-to-low spread represents a total annual volatility of 1.7862 CVE. From a start-to-finish perspective, comparing the January average rate of 6.2373 to the December average rate of 7.5475, the exchange rate registered a net change of 21.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.7788 was down 9.64% compared to the 2015 peak of 8.6086, 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 388,940 CVE

2015 Average 391,003 CVE

Yearly Trough Low 299,629 CVE

Transaction Impact: A difference of 89,311.02 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.6785

6.1062

JanuMarcMayJulySeptNove

ZAR to CVE 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 6.4209, compared to 7.1803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7594 points.

H1 Avg (Jan–Jun) 6.4209

H2 Avg (Jul–Dec) 7.1803

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.6575 CVE (High: 7.4060 / Low: 6.7485). On the other end, March was the most stable month, with a tight range of 0.3093 CVE (High: 6.5928 / Low: 6.2834).

August Spread (Volatile) ±0.6575

March Spread (Stable) ±0.3093

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 0.2973 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2973

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 7.5475) against the same month in 2015 (average: 6.7247), the exchange rate shifted by +0.8227 (+12.23%).

2016 Avg (December) 7.5475

2015 Avg (December) 6.7247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5649	5.9926	6.2373
February	6.5686	6.1182	6.2917
March	6.5928	6.2834	6.4600
April	6.8163	6.3834	6.6608
May	6.7875	6.1873	6.3635
June	6.7714	6.3036	6.5121
July	7.1058	6.7303	6.9169
August	7.4060	6.7485	7.1480
September	7.2730	6.7737	6.9867
October	7.4165	6.9565	7.1739
November	7.5289	7.0868	7.3089
December	7.7788	7.3646	7.5475