2016 ZAR to ETB Historical Review

YEARLY HIGH

1.6784 ETB

YEARLY LOW

1.2618 ETB

YEARLY AVERAGE

1.4911 ETB

2016 ZAR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 1.6784. Conversely, the yearly low was recorded on January 18, dropping to 1.2618.

This high-to-low spread represents a total annual volatility of 0.4166 ETB. From a start-to-finish perspective, comparing the January average rate of 1.3057 to the December average rate of 1.6155, the exchange rate registered a net change of 23.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6784 was down 6.30% compared to the 2015 peak of 1.7913, 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 83,918 ETB

2015 Average 81,432 ETB

Yearly Trough Low 63,091 ETB

Transaction Impact: A difference of 20,827.59 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6465

1.2747

JanuMarcMayJulySeptNove

ZAR to ETB 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 1.3980, compared to 1.5842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1861 points.

H1 Avg (Jan–Jun) 1.3980

H2 Avg (Jul–Dec) 1.5842

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.1495 ETB (High: 1.6550 / Low: 1.5055). On the other end, December was the most stable month, with a tight range of 0.0692 ETB (High: 1.6517 / Low: 1.5824).

August Spread (Volatile) ±0.1495

December Spread (Stable) ±0.0692

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 0.0580 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.5973) against the same month in 2015 (average: 1.4882), the exchange rate shifted by +0.1090 (+7.33%).

2016 Avg (November) 1.5973

2015 Avg (November) 1.4882

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3705	1.2618	1.3057
February	1.4009	1.3195	1.3494
March	1.4554	1.3496	1.3928
April	1.5195	1.4135	1.4758
May	1.5186	1.3776	1.4179
June	1.5122	1.3930	1.4466
July	1.5850	1.4829	1.5250
August	1.6550	1.5055	1.6032
September	1.6362	1.5127	1.5702
October	1.6382	1.5514	1.5939
November	1.6784	1.5467	1.5973
December	1.6517	1.5824	1.6155