2016 ZAR to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 612.9771. Conversely, the yearly low was recorded on January 18, dropping to 483.8034.
This high-to-low spread represents a total annual volatility of 129.1737 LAK. From a start-to-finish perspective, comparing the January average rate of 500.5865 to the December average rate of 588.5485, the exchange rate registered a net change of 17.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 612.9771 was down 14.47% compared to the 2015 peak of 716.6439, 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 LAK 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 527.9482, compared to 580.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.1224 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 58.3269 LAK (High: 572.2830 / Low: 513.9561). On the other end, February was the most stable month, with a tight range of 30.5927 LAK (High: 533.4833 / Low: 502.8906).
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 24.3907 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 584.0456) against the same month in 2015 (average: 576.5367), the exchange rate shifted by +7.5089 (+1.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 527.4328 | 483.8034 | 500.5865 |
| February | 533.4833 | 502.8906 | 514.2532 |
| March | 549.7525 | 512.6318 | 529.2932 |
| April | 570.0022 | 532.5399 | 555.1676 |
| May | 572.2830 | 513.9561 | 530.7768 |
| June | 563.7013 | 518.7173 | 537.6121 |
| July | 581.4130 | 547.9503 | 561.7836 |
| August | 606.5968 | 551.8114 | 587.8910 |
| September | 599.6489 | 554.5738 | 575.0471 |
| October | 599.3354 | 568.2580 | 583.1081 |
| November | 612.9771 | 566.3327 | 584.0456 |
| December | 604.2388 | 573.0990 | 588.5485 |