YEARLY HIGH
0.2540 PEN
YEARLY LOW
0.2033 PEN
YEARLY AVERAGE
0.2301 PEN

2016 ZAR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.2540. Conversely, the yearly low was recorded on January 17, dropping to 0.2033.

This high-to-low spread represents a total annual volatility of 0.0506 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2111 to the December average rate of 0.2450, the exchange rate registered a net change of 16.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2540 was down 5.99% compared to the 2015 peak of 0.2702, 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 12,698 PEN
2015 Average 12,512 PEN
Yearly Trough Low 10,167 PEN
Transaction Impact: A difference of 2,531.33 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2484
0.2078
JanuMarcMayJulySeptNove

ZAR to PEN 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 0.2198, compared to 0.2405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.2198
H2 Avg (Jul–Dec) 0.2405

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0188 PEN (High: 0.2409 / Low: 0.2221). On the other end, April was the most stable month, with a tight range of 0.0086 PEN (High: 0.2306 / Low: 0.2219).

July Spread (Volatile) ±0.0188
April Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 0.0083 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.2434) against the same month in 2015 (average: 0.2357), the exchange rate shifted by +0.0077 (+3.27%).

2016 Avg (November) 0.2434
2015 Avg (November) 0.2357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2206 0.2033 0.2111
February 0.2311 0.2159 0.2219
March 0.2261 0.2125 0.2217
April 0.2306 0.2219 0.2261
May 0.2310 0.2123 0.2178
June 0.2279 0.2151 0.2200
July 0.2409 0.2221 0.2295
August 0.2481 0.2309 0.2421
September 0.2491 0.2322 0.2400
October 0.2482 0.2379 0.2431
November 0.2540 0.2361 0.2434
December 0.2522 0.2408 0.2450