YEARLY HIGH
2.1953 NIO
YEARLY LOW
1.6520 NIO
YEARLY AVERAGE
1.9525 NIO

2016 ZAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 2.1953. Conversely, the yearly low was recorded on January 19, dropping to 1.6520.

This high-to-low spread represents a total annual volatility of 0.5434 NIO. From a start-to-finish perspective, comparing the January average rate of 1.7098 to the December average rate of 2.1134, the exchange rate registered a net change of 23.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1953 was down 6.68% compared to the 2015 peak of 2.3524, 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 109,767 NIO
2015 Average 106,606 NIO
Yearly Trough Low 82,598 NIO
Transaction Impact: A difference of 27,169.04 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1538
1.6694
JanuMarcMayJulySeptNove

ZAR to NIO 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 1.8350, compared to 2.0701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2351 points.

H1 Avg (Jan–Jun) 1.8350
H2 Avg (Jul–Dec) 2.0701

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1980 NIO (High: 2.0028 / Low: 1.8047). On the other end, December was the most stable month, with a tight range of 0.0915 NIO (High: 2.1609 / Low: 2.0694).

May Spread (Volatile) ±0.1980
December Spread (Stable) ±0.0915

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 0.0674 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 2.0847) against the same month in 2015 (average: 1.9406), the exchange rate shifted by +0.1442 (+7.43%).

2016 Avg (November) 2.0847
2015 Avg (November) 1.9406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8024 1.6520 1.7098
February 1.8444 1.7096 1.7748
March 1.9102 1.7767 1.8393
April 1.9938 1.8447 1.9297
May 2.0028 1.8047 1.8623
June 1.9850 1.8236 1.8940
July 2.0626 1.9313 1.9860
August 2.1661 1.9747 2.0945
September 2.1480 1.9837 2.0569
October 2.1441 2.0287 2.0850
November 2.1953 2.0098 2.0847
December 2.1609 2.0694 2.1134