2016 ZAR to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 54.0448. Conversely, the yearly low was recorded on January 17, dropping to 40.2791.
This high-to-low spread represents a total annual volatility of 13.7657 MWK. From a start-to-finish perspective, comparing the January average rate of 42.3710 to the December average rate of 52.1710, the exchange rate registered a net change of 23.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 54.0448 was up 25.91% compared to the 2015 peak of 42.9238, 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 MWK 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 45.6215, compared to 51.3432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7217 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 5.8691 MWK (High: 46.1483 / Low: 40.2791). On the other end, December was the most stable month, with a tight range of 2.3900 MWK (High: 53.5845 / Low: 51.1945).
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 February and March, when the average rate fell by 1.2549 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 51.4891) against the same month in 2015 (average: 40.7378), the exchange rate shifted by +10.7513 (+26.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.1483 | 40.2791 | 42.3710 |
| February | 49.2982 | 44.5406 | 46.8209 |
| March | 47.6777 | 43.6540 | 45.5660 |
| April | 48.3303 | 44.9231 | 46.6343 |
| May | 48.2972 | 44.6205 | 45.5053 |
| June | 49.3090 | 44.4340 | 46.8317 |
| July | 51.5344 | 48.0529 | 49.5789 |
| August | 53.9169 | 49.0862 | 52.1862 |
| September | 53.2553 | 49.2734 | 51.0689 |
| October | 53.1038 | 50.2394 | 51.5652 |
| November | 54.0448 | 49.8271 | 51.4891 |
| December | 53.5845 | 51.1945 | 52.1710 |