2016 ZAR to SGD Historical Review

YEARLY HIGH

0.1064 SGD

YEARLY LOW

0.0854 SGD

YEARLY AVERAGE

0.0942 SGD

2016 ZAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1064. Conversely, the yearly low was recorded on January 18, dropping to 0.0854.

This high-to-low spread represents a total annual volatility of 0.0210 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0880 to the December average rate of 0.1036, the exchange rate registered a net change of 17.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1064 was down 10.55% compared to the 2015 peak of 0.1190, 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 5,321 SGD

2015 Average 5,409 SGD

Yearly Trough Low 4,269 SGD

Transaction Impact: A difference of 1,052.27 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1052

0.0864

JanuMarcMayJulySeptNove

ZAR to SGD 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 0.0897, compared to 0.0987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.0897

H2 Avg (Jul–Dec) 0.0987

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0078 SGD (High: 0.1008 / Low: 0.0930). On the other end, March was the most stable month, with a tight range of 0.0041 SGD (High: 0.0913 / Low: 0.0872).

August Spread (Volatile) ±0.0078

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 April and May, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1036) against the same month in 2015 (average: 0.0936), the exchange rate shifted by +0.0100 (+10.71%).

2016 Avg (December) 0.1036

2015 Avg (December) 0.0936

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0917	0.0854	0.0880
February	0.0922	0.0871	0.0889
March	0.0913	0.0872	0.0893
April	0.0945	0.0888	0.0925
May	0.0947	0.0874	0.0896
June	0.0929	0.0881	0.0898
July	0.0965	0.0913	0.0937
August	0.1008	0.0930	0.0979
September	0.1007	0.0933	0.0966
October	0.1027	0.0967	0.0993
November	0.1045	0.0982	0.1010
December	0.1064	0.1012	0.1036