YEARLY HIGH
990.7971 IDR
YEARLY LOW
824.6073 IDR
YEARLY AVERAGE
907.1060 IDR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 49,539,853 IDR
2015 Average 52,634,344 IDR
Yearly Trough Low 41,230,363 IDR
Transaction Impact: A difference of 8,309,490.59 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

979.0583
840.8588
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 871.7850
H2 Avg (Jul–Dec) 942.4269

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±77.4022
December Spread (Stable) ±43.9546

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 23.9346 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -23.9346

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 967.5416
2015 Avg (December) 919.8857

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