YEARLY HIGH
21.7152 HUF
YEARLY LOW
17.1668 HUF
YEARLY AVERAGE
19.1997 HUF

2016 ZAR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 21.7152. Conversely, the yearly low was recorded on January 18, dropping to 17.1668.

This high-to-low spread represents a total annual volatility of 4.5484 HUF. From a start-to-finish perspective, comparing the January average rate of 17.7794 to the December average rate of 21.3587, the exchange rate registered a net change of 20.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 21.7152 was down 10.45% compared to the 2015 peak of 24.2503, 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 1,085,760 HUF
2015 Average 1,099,077 HUF
Yearly Trough Low 858,340 HUF
Transaction Impact: A difference of 227,419.15 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

21.7264
17.3139
JanuMarcMayJulySeptNove

ZAR to HUF 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 18.1980, compared to 20.2014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0035 points.

H1 Avg (Jan–Jun) 18.1980
H2 Avg (Jul–Dec) 20.2014

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 1.8931 HUF (High: 20.8233 / Low: 18.9302). On the other end, July was the most stable month, with a tight range of 0.7562 HUF (High: 20.0373 / Low: 19.2811).

August Spread (Volatile) ±1.8931
July Spread (Stable) ±0.7562

Growth Streaks & Declines

Trends

Between May and August, 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 0.6161 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 21.3587) against the same month in 2015 (average: 19.1981), the exchange rate shifted by +2.1606 (+11.25%).

2016 Avg (December) 21.3587
2015 Avg (December) 19.1981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.7425 17.1668 17.7794
February 18.3105 17.2001 17.6816
March 18.6914 17.6604 18.1926
April 19.2122 18.0238 18.8165
May 19.1919 17.8498 18.2005
June 19.2416 17.9471 18.5173
July 20.0373 19.2811 19.7294
August 20.8233 18.9302 20.1098
September 20.2794 18.9795 19.5531
October 20.7763 19.3145 19.9811
November 21.2088 19.8887 20.4765
December 21.7152 20.9071 21.3587