YEARLY HIGH
88.7390 KRW
YEARLY LOW
71.8578 KRW
YEARLY AVERAGE
79.1047 KRW

2016 ZAR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 88.7390. Conversely, the yearly low was recorded on January 18, dropping to 71.8578.

This high-to-low spread represents a total annual volatility of 16.8812 KRW. From a start-to-finish perspective, comparing the January average rate of 73.7979 to the December average rate of 85.4286, the exchange rate registered a net change of 15.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 88.7390 was down 8.02% compared to the 2015 peak of 96.4790, 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 4,436,950 KRW
2015 Average 4,450,115 KRW
Yearly Trough Low 3,592,892 KRW
Transaction Impact: A difference of 844,058.00 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

86.5916
72.6348
JanuMarcMayJulySeptNove

ZAR to KRW 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 76.8099, compared to 81.3994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5896 points.

H1 Avg (Jan–Jun) 76.8099
H2 Avg (Jul–Dec) 81.3994

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 6.6179 KRW (High: 82.8350 / Low: 76.2171). On the other end, July was the most stable month, with a tight range of 2.1602 KRW (High: 80.2050 / Low: 78.0448).

August Spread (Volatile) ±6.6179
July Spread (Stable) ±2.1602

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 1.9129 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.9129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 85.4286) against the same month in 2015 (average: 77.9871), the exchange rate shifted by +7.4414 (+9.54%).

2016 Avg (December) 85.4286
2015 Avg (December) 77.9871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 76.3202 71.8578 73.7979
February 80.8324 74.6671 77.1156
March 79.4749 75.1993 77.0931
April 80.2526 75.9021 78.5408
May 80.5240 75.2570 76.7925
June 79.7742 76.2165 77.5194
July 80.2050 78.0448 79.2398
August 82.8350 76.2171 80.7417
September 81.8447 76.4290 78.8289
October 84.5483 78.5342 80.8737
November 85.5394 81.2440 83.2840
December 88.7390 83.0621 85.4286