YEARLY HIGH
0.6762 SEK
YEARLY LOW
0.5088 SEK
YEARLY AVERAGE
0.5846 SEK

2016 ZAR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.6762. Conversely, the yearly low was recorded on January 18, dropping to 0.5088.

This high-to-low spread represents a total annual volatility of 0.1675 SEK. From a start-to-finish perspective, comparing the January average rate of 0.5248 to the December average rate of 0.6646, the exchange rate registered a net change of 26.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6762 was down 8.07% compared to the 2015 peak of 0.7356, 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 33,812 SEK
2015 Average 33,221 SEK
Yearly Trough Low 25,439 SEK
Transaction Impact: A difference of 8,373.40 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6785
0.5108
JanuMarcMayJulySeptNove

ZAR to SEK 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 0.5415, compared to 0.6278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0863 points.

H1 Avg (Jan–Jun) 0.5415
H2 Avg (Jul–Dec) 0.6278

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0511 SEK (High: 0.6347 / Low: 0.5836). On the other end, December was the most stable month, with a tight range of 0.0188 SEK (High: 0.6730 / Low: 0.6542).

August Spread (Volatile) ±0.0511
December Spread (Stable) ±0.0188

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 0.0186 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.6533) against the same month in 2015 (average: 0.6137), the exchange rate shifted by +0.0395 (+6.44%).

2016 Avg (November) 0.6533
2015 Avg (November) 0.6137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5481 0.5088 0.5248
February 0.5572 0.5233 0.5363
March 0.5550 0.5259 0.5433
April 0.5697 0.5357 0.5563
May 0.5654 0.5278 0.5377
June 0.5720 0.5309 0.5505
July 0.6159 0.5779 0.5948
August 0.6347 0.5836 0.6156
September 0.6355 0.5865 0.6064
October 0.6667 0.6164 0.6322
November 0.6762 0.6348 0.6533
December 0.6730 0.6542 0.6646