2016 ZAR to GNF Historical Review

YEARLY HIGH

691.0751 GNF

YEARLY LOW

457.0631 GNF

YEARLY AVERAGE

572.9880 GNF

2016 ZAR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 691.0751. Conversely, the yearly low was recorded on January 18, dropping to 457.0631.

This high-to-low spread represents a total annual volatility of 234.0121 GNF. From a start-to-finish perspective, comparing the January average rate of 475.4108 to the December average rate of 669.3343, the exchange rate registered a net change of 40.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 691.0751 was up 8.40% compared to the 2015 peak of 637.5123, 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 34,553,757 GNF

2015 Average 28,916,891 GNF

Yearly Trough Low 22,853,154 GNF

Transaction Impact: A difference of 11,700,602.88 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

688.7266

456.0184

JanuMarcMayJulySeptNove

ZAR to GNF 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 496.1505, compared to 649.8254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 153.6748 points.

H1 Avg (Jan–Jun) 496.1505

H2 Avg (Jul–Dec) 649.8254

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 128.7429 GNF (High: 598.8073 / Low: 470.0644). On the other end, February was the most stable month, with a tight range of 26.0207 GNF (High: 503.3120 / Low: 477.2913).

June Spread (Volatile) ±128.7429

February Spread (Stable) ±26.0207

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 35.2317 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -35.2317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 669.3343) against the same month in 2015 (average: 513.4431), the exchange rate shifted by +155.8912 (+30.36%).

2016 Avg (December) 669.3343

2015 Avg (December) 513.4431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	499.3058	457.0631	475.4108
February	503.3120	477.2913	487.3719
March	514.1719	482.5695	495.9247
April	532.3130	498.7459	519.1595
May	531.6167	465.7623	483.9278
June	598.8073	470.0644	515.1087
July	643.1886	598.1357	621.7166
August	678.6271	617.0705	657.2063
September	672.2265	620.1640	645.3989
October	671.4584	635.2848	652.3284
November	687.5515	626.0330	652.9678
December	691.0751	649.8797	669.3343