YEARLY HIGH
7.6570 KES
YEARLY LOW
6.0747 KES
YEARLY AVERAGE
6.9254 KES

2016 ZAR to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 7.6570. Conversely, the yearly low was recorded on January 18, dropping to 6.0747.

This high-to-low spread represents a total annual volatility of 1.5823 KES. From a start-to-finish perspective, comparing the January average rate of 6.2904 to the December average rate of 7.3705, the exchange rate registered a net change of 17.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.6570 was down 7.70% compared to the 2015 peak of 8.2959, 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 382,852 KES
2015 Average 385,842 KES
Yearly Trough Low 303,737 KES
Transaction Impact: A difference of 79,115.78 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.4785
6.1824
JanuMarcMayJulySeptNove

ZAR to KES 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 6.5967, compared to 7.2542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6575 points.

H1 Avg (Jan–Jun) 6.5967
H2 Avg (Jul–Dec) 7.2542

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.7345 KES (High: 7.1159 / Low: 6.3814). On the other end, December was the most stable month, with a tight range of 0.3181 KES (High: 7.5502 / Low: 7.2321).

May Spread (Volatile) ±0.7345
December Spread (Stable) ±0.3181

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 0.3432 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 7.2824) against the same month in 2015 (average: 7.2224), the exchange rate shifted by +0.0599 (+0.83%).

2016 Avg (November) 7.2824
2015 Avg (November) 7.2224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.6258 6.0747 6.2904
February 6.6796 6.3242 6.4542
March 6.8654 6.4127 6.6070
April 7.1026 6.6502 6.9314
May 7.1159 6.3814 6.5882
June 7.0179 6.4463 6.7089
July 7.2773 6.8395 7.0372
August 7.6100 6.9140 7.3678
September 7.4967 6.9426 7.1917
October 7.4932 7.0878 7.2756
November 7.6570 7.0474 7.2824
December 7.5502 7.2321 7.3705