2016 ZAR to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 25.9614. Conversely, the yearly low was recorded on May 18, dropping to 21.0049.
This high-to-low spread represents a total annual volatility of 4.9564 KZT. From a start-to-finish perspective, comparing the January average rate of 22.2557 to the December average rate of 24.1185, the exchange rate registered a net change of 8.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 25.9614 was up 14.11% compared to the 2015 peak of 22.7518, 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 KZT 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 22.4272, compared to 24.1887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7615 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 2.7599 KZT (High: 25.9614 / Low: 23.2015). On the other end, December was the most stable month, with a tight range of 1.2041 KZT (High: 24.8304 / Low: 23.6262).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 1.3430 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 25.0005) against the same month in 2015 (average: 15.5763), the exchange rate shifted by +9.4242 (+60.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.2163 | 21.2400 | 22.2557 |
| February | 23.1461 | 21.7527 | 22.6829 |
| March | 23.3508 | 21.7605 | 22.4865 |
| April | 23.7373 | 22.4767 | 23.0713 |
| May | 23.0244 | 21.0049 | 21.7282 |
| June | 23.3304 | 21.5404 | 22.3385 |
| July | 25.3011 | 22.8535 | 23.7466 |
| August | 25.9614 | 23.2015 | 25.0005 |
| September | 24.9633 | 23.3345 | 24.0741 |
| October | 24.6597 | 23.1374 | 23.8634 |
| November | 25.6438 | 23.6271 | 24.3289 |
| December | 24.8304 | 23.6262 | 24.1185 |