YEARLY HIGH
0.5661 GTQ
YEARLY LOW
0.4526 GTQ
YEARLY AVERAGE
0.5186 GTQ

2016 ZAR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5661. Conversely, the yearly low was recorded on January 18, dropping to 0.4526.

This high-to-low spread represents a total annual volatility of 0.1135 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.4702 to the December average rate of 0.5414, the exchange rate registered a net change of 15.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5661 was down 16.22% compared to the 2015 peak of 0.6757, 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 28,305 GTQ
2015 Average 30,171 GTQ
Yearly Trough Low 22,629 GTQ
Transaction Impact: A difference of 5,675.29 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5554
0.4624
JanuMarcMayJulySeptNove

ZAR to GTQ 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 0.4991, compared to 0.5381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0390 points.

H1 Avg (Jan–Jun) 0.4991
H2 Avg (Jul–Dec) 0.5381

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0612 GTQ (High: 0.5442 / Low: 0.4829). On the other end, December was the most stable month, with a tight range of 0.0256 GTQ (High: 0.5566 / Low: 0.5310).

May Spread (Volatile) ±0.0612
December Spread (Stable) ±0.0256

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 0.0283 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.5374) against the same month in 2015 (average: 0.5407), the exchange rate shifted by -0.0033 (-0.61%).

2016 Avg (November) 0.5374
2015 Avg (November) 0.5407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4938 0.4526 0.4702
February 0.5037 0.4740 0.4850
March 0.5225 0.4880 0.5024
April 0.5436 0.5067 0.5293
May 0.5442 0.4829 0.5009
June 0.5306 0.4875 0.5070
July 0.5431 0.5165 0.5286
August 0.5641 0.5156 0.5477
September 0.5569 0.5174 0.5349
October 0.5541 0.5226 0.5385
November 0.5661 0.5198 0.5374
December 0.5566 0.5310 0.5414