YEARLY HIGH
26.9488 MRO
YEARLY LOW
19.5322 MRO
YEARLY AVERAGE
23.9680 MRO

2016 ZAR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 26.9488. Conversely, the yearly low was recorded on January 6, dropping to 19.5322.

This high-to-low spread represents a total annual volatility of 7.4166 MRO. From a start-to-finish perspective, comparing the January average rate of 20.5501 to the December average rate of 25.8335, the exchange rate registered a net change of 25.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 26.9488 was up 0.16% compared to the 2015 peak of 26.9064, 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 1,347,442 MRO
2015 Average 1,218,109 MRO
Yearly Trough Low 976,609 MRO
Transaction Impact: A difference of 370,832.37 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

26.3618
20.0218
JanuMarcMayJulySeptNove

ZAR to MRO 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 22.4722, compared to 25.4638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9916 points.

H1 Avg (Jan–Jun) 22.4722
H2 Avg (Jul–Dec) 25.4638

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 2.3783 MRO (High: 26.6541 / Low: 24.2758). On the other end, December was the most stable month, with a tight range of 1.1467 MRO (High: 26.4700 / Low: 25.3233).

August Spread (Volatile) ±2.3783
December Spread (Stable) ±1.1467

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 0.6701 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 25.5897) against the same month in 2015 (average: 22.7559), the exchange rate shifted by +2.8338 (+12.45%).

2016 Avg (November) 25.5897
2015 Avg (November) 22.7559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.6581 19.5322 20.5501
February 22.4045 20.7250 21.6399
March 23.2256 21.8250 22.3827
April 24.3993 22.6979 23.6638
May 24.1861 22.5074 22.9937
June 24.7896 22.6917 23.6028
July 25.4722 24.0369 24.6603
August 26.6541 24.2758 25.8221
September 26.3631 24.3676 25.2769
October 26.3037 24.9374 25.6004
November 26.9488 24.7895 25.5897
December 26.4700 25.3233 25.8335