2016 ZAR to HNL Historical Review

YEARLY HIGH

1.7189 HNL

YEARLY LOW

1.3313 HNL

YEARLY AVERAGE

1.5538 HNL

2016 ZAR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 1.7189. Conversely, the yearly low was recorded on January 18, dropping to 1.3313.

This high-to-low spread represents a total annual volatility of 0.3875 HNL. From a start-to-finish perspective, comparing the January average rate of 1.3785 to the December average rate of 1.6826, the exchange rate registered a net change of 22.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7189 was down 7.91% compared to the 2015 peak of 1.8664, 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 85,943 HNL

2015 Average 85,429 HNL

Yearly Trough Low 66,566 HNL

Transaction Impact: A difference of 19,376.98 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.7130

1.3481

JanuMarcMayJulySeptNove

ZAR to HNL 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 1.4679, compared to 1.6397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1718 points.

H1 Avg (Jan–Jun) 1.4679

H2 Avg (Jul–Dec) 1.6397

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1555 HNL (High: 1.5885 / Low: 1.4331). On the other end, December was the most stable month, with a tight range of 0.0724 HNL (High: 1.7168 / Low: 1.6443).

May Spread (Volatile) ±0.1555

December Spread (Stable) ±0.0724

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 0.0682 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.6484) against the same month in 2015 (average: 1.5522), the exchange rate shifted by +0.0962 (+6.20%).

2016 Avg (November) 1.6484

2015 Avg (November) 1.5522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4408	1.3313	1.3785
February	1.4841	1.3930	1.4289
March	1.5290	1.4271	1.4721
April	1.5856	1.4819	1.5452
May	1.5885	1.4331	1.4770
June	1.5791	1.4459	1.5055
July	1.6341	1.5384	1.5822
August	1.7132	1.5614	1.6607
September	1.6870	1.5676	1.6229
October	1.6780	1.6019	1.6413
November	1.7189	1.5997	1.6484
December	1.7168	1.6443	1.6826