YEARLY HIGH
0.1056 NZD
YEARLY LOW
0.0913 NZD
YEARLY AVERAGE
0.0978 NZD

2016 ZAR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1056. Conversely, the yearly low was recorded on January 11, dropping to 0.0913.

This high-to-low spread represents a total annual volatility of 0.0143 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0939 to the December average rate of 0.1027, the exchange rate registered a net change of 9.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1056 was down 14.89% compared to the 2015 peak of 0.1241, 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 5,281 NZD
2015 Average 5,630 NZD
Yearly Trough Low 4,565 NZD
Transaction Impact: A difference of 715.72 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1036
0.0930
JanuMarcMayJulySeptNove

ZAR to NZD 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 0.0959, compared to 0.0997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0959
H2 Avg (Jul–Dec) 0.0997

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0097 NZD (High: 0.1040 / Low: 0.0943). On the other end, March was the most stable month, with a tight range of 0.0041 NZD (High: 0.0988 / Low: 0.0947).

August Spread (Volatile) ±0.0097
March Spread (Stable) ±0.0041

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 August and September, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1027) against the same month in 2015 (average: 0.0984), the exchange rate shifted by +0.0042 (+4.31%).

2016 Avg (December) 0.1027
2015 Avg (December) 0.0984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0972 0.0913 0.0939
February 0.0987 0.0934 0.0954
March 0.0988 0.0947 0.0965
April 0.1016 0.0968 0.0994
May 0.1008 0.0938 0.0962
June 0.0968 0.0926 0.0942
July 0.1002 0.0935 0.0973
August 0.1040 0.0943 0.1006
September 0.1015 0.0941 0.0973
October 0.1032 0.0984 0.1003
November 0.1022 0.0974 0.1002
December 0.1056 0.1000 0.1027