2016 ZAR to IRR Historical Review

YEARLY HIGH

2265.3901 IRR

YEARLY LOW

1779.4136 IRR

YEARLY AVERAGE

2056.6769 IRR

2016 ZAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 2265.3901. Conversely, the yearly low was recorded on January 18, dropping to 1779.4136.

This high-to-low spread represents a total annual volatility of 485.9765 IRR. From a start-to-finish perspective, comparing the January average rate of 1843.8196 to the December average rate of 2169.4984, the exchange rate registered a net change of 17.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2265.3901 was down 6.91% compared to the 2015 peak of 2433.6355, 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 113,269,503 IRR

2015 Average 113,830,817 IRR

Yearly Trough Low 88,970,679 IRR

Transaction Impact: A difference of 24,298,823.69 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2219.0566

1809.7071

JanuMarcMayJulySeptNove

ZAR to IRR 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 1963.9391, compared to 2149.4147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 185.4756 points.

H1 Avg (Jan–Jun) 1963.9391

H2 Avg (Jul–Dec) 2149.4147

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 211.6427 IRR (High: 2130.5014 / Low: 1918.8586). On the other end, December was the most stable month, with a tight range of 99.1036 IRR (High: 2226.2981 / Low: 2127.1945).

May Spread (Volatile) ±211.6427

December Spread (Stable) ±99.1036

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 90.4619 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -90.4619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 2152.5983) against the same month in 2015 (average: 2117.0441), the exchange rate shifted by +35.5542 (+1.68%).

2016 Avg (November) 2152.5983

2015 Avg (November) 2117.0441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1938.4104	1779.4136	1843.8196
February	1982.5791	1855.0628	1910.1078
March	2045.8958	1909.0736	1968.2373
April	2126.0738	1984.2575	2070.0709
May	2130.5014	1918.8586	1979.6090
June	2106.1379	1937.1739	2011.7901
July	2163.7306	2035.0478	2093.6511
August	2255.8360	2054.1651	2184.9441
September	2226.3353	2062.8814	2136.4420
October	2220.3626	2102.8145	2159.3542
November	2265.3901	2082.2537	2152.5983
December	2226.2981	2127.1945	2169.4984