YEARLY HIGH
3.2204 GMD
YEARLY LOW
2.3478 GMD
YEARLY AVERAGE
2.8682 GMD

2016 ZAR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 3.2204. Conversely, the yearly low was recorded on January 17, dropping to 2.3478.

This high-to-low spread represents a total annual volatility of 0.8726 GMD. From a start-to-finish perspective, comparing the January average rate of 2.4277 to the December average rate of 3.0883, the exchange rate registered a net change of 27.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.2204 was down 16.14% compared to the 2015 peak of 3.8404, 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 161,019 GMD
2015 Average 162,790 GMD
Yearly Trough Low 117,391 GMD
Transaction Impact: A difference of 43,627.86 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.1668
2.3605
JanuMarcMayJulySeptNove

ZAR to GMD 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 2.6865, compared to 3.0500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3635 points.

H1 Avg (Jan–Jun) 2.6865
H2 Avg (Jul–Dec) 3.0500

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.4013 GMD (High: 2.8935 / Low: 2.4922). On the other end, December was the most stable month, with a tight range of 0.1324 GMD (High: 3.1654 / Low: 3.0330).

March Spread (Volatile) ±0.4013
December Spread (Stable) ±0.1324

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 0.1249 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 3.0996) against the same month in 2015 (average: 3.0821), the exchange rate shifted by +0.0175 (+0.57%).

2016 Avg (August) 3.0996
2015 Avg (August) 3.0821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5544 2.3478 2.4277
February 2.5891 2.4425 2.4984
March 2.8935 2.4922 2.6453
April 2.9953 2.8009 2.9205
May 2.9998 2.7039 2.7956
June 2.9731 2.7277 2.8312
July 3.0615 2.8796 2.9651
August 3.2204 2.9074 3.0996
September 3.1556 2.9211 3.0266
October 3.1542 2.9811 3.0638
November 3.2106 2.9559 3.0563
December 3.1654 3.0330 3.0883