2016 ZAR to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 34.4801. Conversely, the yearly low was recorded on January 18, dropping to 26.3091.
This high-to-low spread represents a total annual volatility of 8.1710 KMF. From a start-to-finish perspective, comparing the January average rate of 27.7566 to the December average rate of 33.6850, the exchange rate registered a net change of 21.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 34.4801 was down 10.92% compared to the 2015 peak of 38.7059, 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 KMF 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 28.5765, compared to 31.9750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3985 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 3.0631 KMF (High: 33.3420 / Low: 30.2789). On the other end, December was the most stable month, with a tight range of 1.5717 KMF (High: 34.4801 / Low: 32.9084).
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 1.3712 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 33.6850) against the same month in 2015 (average: 29.9102), the exchange rate shifted by +3.7748 (+12.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.2251 | 26.3091 | 27.7566 |
| February | 29.2812 | 27.3019 | 28.0682 |
| March | 29.5708 | 27.9487 | 28.8105 |
| April | 30.4908 | 28.4339 | 29.7158 |
| May | 30.3524 | 27.6817 | 28.3446 |
| June | 29.8437 | 27.8470 | 28.7631 |
| July | 31.8484 | 29.2149 | 30.4020 |
| August | 33.3420 | 30.2789 | 32.2383 |
| September | 32.4703 | 30.3289 | 31.2133 |
| October | 32.6202 | 30.9892 | 31.8204 |
| November | 33.6280 | 31.3589 | 32.4907 |
| December | 34.4801 | 32.9084 | 33.6850 |