YEARLY HIGH
1.0079 SCR
YEARLY LOW
0.7624 SCR
YEARLY AVERAGE
0.9055 SCR

2016 ZAR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 1.0079. Conversely, the yearly low was recorded on January 18, dropping to 0.7624.

This high-to-low spread represents a total annual volatility of 0.2455 SCR. From a start-to-finish perspective, comparing the January average rate of 0.8041 to the December average rate of 0.9658, the exchange rate registered a net change of 20.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0079 was down 19.47% compared to the 2015 peak of 1.2516, 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 50,394 SCR
2015 Average 52,553 SCR
Yearly Trough Low 38,119 SCR
Transaction Impact: A difference of 12,275.18 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9819
0.7879
JanuMarcMayJulySeptNove

ZAR to SCR 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 0.8629, compared to 0.9482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0853 points.

H1 Avg (Jan–Jun) 0.8629
H2 Avg (Jul–Dec) 0.9482

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1337 SCR (High: 0.9592 / Low: 0.8255). On the other end, December was the most stable month, with a tight range of 0.0532 SCR (High: 0.9915 / Low: 0.9383).

May Spread (Volatile) ±0.1337
December Spread (Stable) ±0.0532

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 0.0486 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.9549) against the same month in 2015 (average: 0.9070), the exchange rate shifted by +0.0478 (+5.27%).

2016 Avg (November) 0.9549
2015 Avg (November) 0.9070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8622 0.7624 0.8041
February 0.9040 0.8159 0.8477
March 0.9186 0.8390 0.8654
April 0.9811 0.8763 0.9201
May 0.9592 0.8255 0.8715
June 0.9162 0.8309 0.8684
July 0.9613 0.8830 0.9141
August 1.0060 0.8972 0.9618
September 0.9830 0.8987 0.9412
October 0.9785 0.9153 0.9513
November 1.0079 0.9145 0.9549
December 0.9915 0.9383 0.9658