YEARLY HIGH
5.0172 INR
YEARLY LOW
4.0012 INR
YEARLY AVERAGE
4.5830 INR

2016 ZAR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 5.0172. Conversely, the yearly low was recorded on January 11, dropping to 4.0012.

This high-to-low spread represents a total annual volatility of 1.0160 INR. From a start-to-finish perspective, comparing the January average rate of 4.1343 to the December average rate of 4.8917, the exchange rate registered a net change of 18.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 5.0172 was down 8.16% compared to the 2015 peak of 5.4627, 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 250,860 INR
2015 Average 252,246 INR
Yearly Trough Low 200,060 INR
Transaction Impact: A difference of 50,799.43 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.9674
4.0586
JanuMarcMayJulySeptNove

ZAR to INR 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 4.3668, compared to 4.7991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4323 points.

H1 Avg (Jan–Jun) 4.3668
H2 Avg (Jul–Dec) 4.7991

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.4429 INR (High: 5.0172 / Low: 4.5743). On the other end, December was the most stable month, with a tight range of 0.2015 INR (High: 5.0007 / Low: 4.7992).

August Spread (Volatile) ±0.4429
December Spread (Stable) ±0.2015

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 0.1733 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 4.8638) against the same month in 2015 (average: 5.0460), the exchange rate shifted by -0.1822 (-3.61%).

2016 Avg (August) 4.8638
2015 Avg (August) 5.0460

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2805 4.0012 4.1343
February 4.5040 4.2030 4.3211
March 4.4844 4.2546 4.3571
April 4.6672 4.3741 4.5501
May 4.6773 4.2506 4.3768
June 4.6730 4.3075 4.4615
July 4.8025 4.5610 4.6644
August 5.0172 4.5743 4.8638
September 4.9249 4.5867 4.7417
October 4.9248 4.6671 4.7912
November 5.0020 4.6997 4.8421
December 5.0007 4.7992 4.8917