YEARLY HIGH
0.2742 QAR
YEARLY LOW
0.2160 QAR
YEARLY AVERAGE
0.2484 QAR

2016 ZAR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.2742. Conversely, the yearly low was recorded on January 18, dropping to 0.2160.

This high-to-low spread represents a total annual volatility of 0.0582 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2238 to the December average rate of 0.2627, the exchange rate registered a net change of 17.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2742 was down 14.88% compared to the 2015 peak of 0.3222, 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 13,712 QAR
2015 Average 14,348 QAR
Yearly Trough Low 10,801 QAR
Transaction Impact: A difference of 2,911.78 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2686
0.2197
JanuMarcMayJulySeptNove

ZAR to QAR 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 0.2367, compared to 0.2602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 0.2367
H2 Avg (Jul–Dec) 0.2602

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0258 QAR (High: 0.2563 / Low: 0.2305). On the other end, December was the most stable month, with a tight range of 0.0120 QAR (High: 0.2696 / Low: 0.2576).

May Spread (Volatile) ±0.0258
December Spread (Stable) ±0.0120

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 0.0112 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.2606) against the same month in 2015 (average: 0.2573), the exchange rate shifted by +0.0033 (+1.29%).

2016 Avg (November) 0.2606
2015 Avg (November) 0.2573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2353 0.2160 0.2238
February 0.2391 0.2252 0.2305
March 0.2465 0.2301 0.2371
April 0.2558 0.2390 0.2493
May 0.2563 0.2305 0.2381
June 0.2527 0.2328 0.2415
July 0.2620 0.2461 0.2529
August 0.2731 0.2486 0.2646
September 0.2696 0.2497 0.2586
October 0.2688 0.2547 0.2615
November 0.2742 0.2521 0.2606
December 0.2696 0.2576 0.2627