2016 ZAR to NOK Historical Review

YEARLY HIGH

0.6323 NOK

YEARLY LOW

0.5250 NOK

YEARLY AVERAGE

0.5727 NOK

2016 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.6323. Conversely, the yearly low was recorded on January 17, dropping to 0.5250.

This high-to-low spread represents a total annual volatility of 0.1073 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5415 to the December average rate of 0.6183, the exchange rate registered a net change of 14.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6323 was down 7.24% compared to the 2015 peak of 0.6816, 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 31,613 NOK

2015 Average 31,676 NOK

Yearly Trough Low 26,249 NOK

Transaction Impact: A difference of 5,363.88 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6263

0.5305

JanuMarcMayJulySeptNove

ZAR to NOK 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 0.5483, compared to 0.5970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0487 points.

H1 Avg (Jan–Jun) 0.5483

H2 Avg (Jul–Dec) 0.5970

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0567 NOK (High: 0.6253 / Low: 0.5686). On the other end, March was the most stable month, with a tight range of 0.0218 NOK (High: 0.5609 / Low: 0.5392).

August Spread (Volatile) ±0.0567

March Spread (Stable) ±0.0218

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 0.0247 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6183) against the same month in 2015 (average: 0.5773), the exchange rate shifted by +0.0410 (+7.10%).

2016 Avg (December) 0.6183

2015 Avg (December) 0.5773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5712	0.5250	0.5415
February	0.5642	0.5316	0.5447
March	0.5609	0.5392	0.5513
April	0.5723	0.5465	0.5632
May	0.5674	0.5264	0.5385
June	0.5668	0.5314	0.5507
July	0.6072	0.5697	0.5882
August	0.6253	0.5686	0.6035
September	0.6050	0.5715	0.5835
October	0.6101	0.5720	0.5862
November	0.6196	0.5869	0.6026
December	0.6323	0.5986	0.6183