YEARLY HIGH
13.3742 DJF
YEARLY LOW
10.5334 DJF
YEARLY AVERAGE
12.1235 DJF

2016 ZAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 13.3742. Conversely, the yearly low was recorded on January 18, dropping to 10.5334.

This high-to-low spread represents a total annual volatility of 2.8409 DJF. From a start-to-finish perspective, comparing the January average rate of 10.9195 to the December average rate of 12.8737, the exchange rate registered a net change of 17.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.3742 was down 14.69% compared to the 2015 peak of 15.6765, 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 668,711 DJF
2015 Average 699,934 DJF
Yearly Trough Low 526,668 DJF
Transaction Impact: A difference of 142,043.40 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.0847
10.7227
JanuMarcMayJulySeptNove

ZAR to DJF 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 11.5505, compared to 12.6964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1458 points.

H1 Avg (Jan–Jun) 11.5505
H2 Avg (Jul–Dec) 12.6964

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.2657 DJF (High: 12.5201 / Low: 11.2545). On the other end, December was the most stable month, with a tight range of 0.5179 DJF (High: 13.1791 / Low: 12.6612).

May Spread (Volatile) ±1.2657
December Spread (Stable) ±0.5179

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 0.5508 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 12.7399) against the same month in 2015 (average: 12.5528), the exchange rate shifted by +0.1871 (+1.49%).

2016 Avg (November) 12.7399
2015 Avg (November) 12.5528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4791 10.5334 10.9195
February 11.6701 10.9854 11.2462
March 12.0347 11.2298 11.5702
April 12.4922 11.6615 12.1641
May 12.5201 11.2545 11.6133
June 12.3155 11.3576 11.7901
July 12.7466 11.9789 12.3174
August 13.3023 12.1201 12.8879
September 13.1549 12.1723 12.6029
October 13.1210 12.4478 12.7566
November 13.3742 12.3178 12.7399
December 13.1791 12.6612 12.8737