2016 ZAR to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 990.7971. Conversely, the yearly low was recorded on January 18, dropping to 824.6073.
This high-to-low spread represents a total annual volatility of 166.1898 IDR. From a start-to-finish perspective, comparing the January average rate of 852.3754 to the December average rate of 967.5416, the exchange rate registered a net change of 13.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 990.7971 was down 11.73% compared to the 2015 peak of 1122.3997, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ZAR to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 871.7850, compared to 942.4269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 70.6420 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 77.4022 IDR (High: 983.2235 / Low: 905.8213). On the other end, December was the most stable month, with a tight range of 43.9546 IDR (High: 990.7971 / Low: 946.8425).
Growth Streaks & Declines
TrendsBetween 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 23.9346 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 967.5416) against the same month in 2015 (average: 919.8857), the exchange rate shifted by +47.6559 (+5.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 896.0917 | 824.6073 | 852.3754 |
| February | 881.9743 | 829.8710 | 855.6859 |
| March | 895.4063 | 829.9638 | 857.3605 |
| April | 926.9948 | 866.2730 | 901.6913 |
| May | 928.9253 | 853.6598 | 877.7567 |
| June | 917.3455 | 870.2815 | 885.8400 |
| July | 941.9173 | 888.0396 | 911.0735 |
| August | 983.2235 | 905.8213 | 955.9125 |
| September | 962.6218 | 909.6323 | 932.0243 |
| October | 962.8581 | 912.0076 | 935.1192 |
| November | 984.2444 | 926.9428 | 952.8904 |
| December | 990.7971 | 946.8425 | 967.5416 |