2016 ZAR to HKD Historical Review

YEARLY HIGH

0.5840 HKD

YEARLY LOW

0.4626 HKD

YEARLY AVERAGE

0.5296 HKD

2016 ZAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5840. Conversely, the yearly low was recorded on January 18, dropping to 0.4626.

This high-to-low spread represents a total annual volatility of 0.1214 HKD. From a start-to-finish perspective, comparing the January average rate of 0.4781 to the December average rate of 0.5597, the exchange rate registered a net change of 17.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5840 was down 14.85% compared to the 2015 peak of 0.6859, 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 29,202 HKD

2015 Average 30,549 HKD

Yearly Trough Low 23,131 HKD

Transaction Impact: A difference of 6,071.22 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5721

0.4696

JanuMarcMayJulySeptNove

ZAR to HKD 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 0.5050, compared to 0.5542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0492 points.

H1 Avg (Jan–Jun) 0.5050

H2 Avg (Jul–Dec) 0.5542

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0545 HKD (High: 0.5463 / Low: 0.4918). On the other end, December was the most stable month, with a tight range of 0.0248 HKD (High: 0.5741 / Low: 0.5493).

May Spread (Volatile) ±0.0545

December Spread (Stable) ±0.0248

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 0.0233 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.5551) against the same month in 2015 (average: 0.5477), the exchange rate shifted by +0.0074 (+1.35%).

2016 Avg (November) 0.5551

2015 Avg (November) 0.5477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5009	0.4626	0.4781
February	0.5102	0.4809	0.4927
March	0.5250	0.4904	0.5054
April	0.5453	0.5092	0.5310
May	0.5463	0.4918	0.5077
June	0.5381	0.4966	0.5149
July	0.5581	0.5244	0.5388
August	0.5819	0.5296	0.5635
September	0.5742	0.5319	0.5510
October	0.5724	0.5426	0.5570
November	0.5840	0.5370	0.5551
December	0.5741	0.5493	0.5597