YEARLY HIGH
1.5243 MXN
YEARLY LOW
1.0727 MXN
YEARLY AVERAGE
1.2765 MXN

2016 ZAR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.5243. Conversely, the yearly low was recorded on January 11, dropping to 1.0727.

This high-to-low spread represents a total annual volatility of 0.4517 MXN. From a start-to-finish perspective, comparing the January average rate of 1.1074 to the December average rate of 1.4807, the exchange rate registered a net change of 33.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.5243 was up 16.29% compared to the 2015 peak of 1.3108, 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 76,216 MXN
2015 Average 62,312 MXN
Yearly Trough Low 53,633 MXN
Transaction Impact: A difference of 22,582.94 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.5181
1.0701
JanuMarcMayJulySeptNove

ZAR to MXN 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 1.1739, compared to 1.3792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2053 points.

H1 Avg (Jan–Jun) 1.1739
H2 Avg (Jul–Dec) 1.3792

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.1676 MXN (High: 1.4489 / Low: 1.2813). On the other end, March was the most stable month, with a tight range of 0.0411 MXN (High: 1.1692 / Low: 1.1281).

September Spread (Volatile) ±0.1676
March Spread (Stable) ±0.0411

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0208 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.4807) against the same month in 2015 (average: 1.1350), the exchange rate shifted by +0.3457 (+30.46%).

2016 Avg (December) 1.4807
2015 Avg (December) 1.1350

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1411 1.0727 1.1074
February 1.2013 1.1308 1.1685
March 1.1692 1.1281 1.1477
April 1.2184 1.1709 1.1970
May 1.2101 1.1683 1.1849
June 1.2646 1.1825 1.2379
July 1.3493 1.2576 1.2905
August 1.3804 1.2818 1.3428
September 1.4489 1.2813 1.3644
October 1.4171 1.3268 1.3601
November 1.4934 1.3786 1.4365
December 1.5243 1.4413 1.4807