YEARLY HIGH
0.1556 FJD
YEARLY LOW
0.1281 FJD
YEARLY AVERAGE
0.1422 FJD

2016 ZAR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1556. Conversely, the yearly low was recorded on January 17, dropping to 0.1281.

This high-to-low spread represents a total annual volatility of 0.0275 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1323 to the December average rate of 0.1517, the exchange rate registered a net change of 14.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1556 was down 13.90% compared to the 2015 peak of 0.1807, 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 7,780 FJD
2015 Average 8,220 FJD
Yearly Trough Low 6,403 FJD
Transaction Impact: A difference of 1,376.16 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1537
0.1304
JanuMarcMayJulySeptNove

ZAR to FJD 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 0.1368, compared to 0.1476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.1368
H2 Avg (Jul–Dec) 0.1476

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0136 FJD (High: 0.1539 / Low: 0.1403). On the other end, March was the most stable month, with a tight range of 0.0067 FJD (High: 0.1399 / Low: 0.1332).

August Spread (Volatile) ±0.0136
March Spread (Stable) ±0.0067

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 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1517) against the same month in 2015 (average: 0.1417), the exchange rate shifted by +0.0101 (+7.10%).

2016 Avg (December) 0.1517
2015 Avg (December) 0.1417

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1384 0.1281 0.1323
February 0.1394 0.1313 0.1351
March 0.1399 0.1332 0.1364
April 0.1451 0.1369 0.1416
May 0.1454 0.1345 0.1374
June 0.1431 0.1348 0.1380
July 0.1487 0.1391 0.1433
August 0.1539 0.1403 0.1490
September 0.1515 0.1409 0.1456
October 0.1525 0.1441 0.1478
November 0.1540 0.1439 0.1484
December 0.1556 0.1486 0.1517