YEARLY HIGH
0.0228 KWD
YEARLY LOW
0.0180 KWD
YEARLY AVERAGE
0.0206 KWD

2016 ZAR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0228. Conversely, the yearly low was recorded on January 18, dropping to 0.0180.

This high-to-low spread represents a total annual volatility of 0.0048 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0220, the exchange rate registered a net change of 17.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0228 was down 12.54% compared to the 2015 peak of 0.0261, 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 1,140 KWD
2015 Average 1,185 KWD
Yearly Trough Low 902 KWD
Transaction Impact: A difference of 237.62 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0224
0.0184
JanuMarcMayJulySeptNove

ZAR to KWD 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 0.0196, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0196
H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0021 KWD (High: 0.0212 / Low: 0.0191). On the other end, December was the most stable month, with a tight range of 0.0009 KWD (High: 0.0226 / Low: 0.0216).

May Spread (Volatile) ±0.0021
December Spread (Stable) ±0.0009

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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.0217) against the same month in 2015 (average: 0.0215), the exchange rate shifted by +0.0003 (+1.25%).

2016 Avg (November) 0.0217
2015 Avg (November) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0196 0.0180 0.0187
February 0.0197 0.0186 0.0190
March 0.0204 0.0190 0.0196
April 0.0212 0.0198 0.0207
May 0.0212 0.0191 0.0197
June 0.0209 0.0193 0.0200
July 0.0217 0.0204 0.0210
August 0.0226 0.0206 0.0219
September 0.0223 0.0207 0.0214
October 0.0224 0.0212 0.0217
November 0.0228 0.0211 0.0217
December 0.0226 0.0216 0.0220