2016 ZAR to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 43.6138. Conversely, the yearly low was recorded on January 18, dropping to 36.7524.
This high-to-low spread represents a total annual volatility of 6.8614 SOS. From a start-to-finish perspective, comparing the January average rate of 38.0390 to the December average rate of 41.3310, the exchange rate registered a net change of 8.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 43.6138 was down 30.85% compared to the 2015 peak of 63.0715, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ZAR to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 39.4935, compared to 41.3965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9030 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 5.2935 SOS (High: 42.7367 / Low: 37.4431). On the other end, July was the most stable month, with a tight range of 2.1405 SOS (High: 41.6122 / Low: 39.4718).
Growth Streaks & Declines
TrendsBetween 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 2.2497 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 42.3121) against the same month in 2015 (average: 51.7823), the exchange rate shifted by -9.4702 (-18.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.2450 | 36.7524 | 38.0390 |
| February | 40.1361 | 37.8820 | 38.7931 |
| March | 41.5665 | 38.7042 | 39.8697 |
| April | 42.6519 | 39.9402 | 41.7564 |
| May | 42.7367 | 37.4431 | 39.5068 |
| June | 40.7394 | 37.9740 | 38.9962 |
| July | 41.6122 | 39.4718 | 40.4498 |
| August | 43.6138 | 39.8502 | 42.3121 |
| September | 43.2374 | 40.0072 | 41.4432 |
| October | 43.0581 | 40.6748 | 41.7462 |
| November | 43.5762 | 39.2498 | 41.0970 |
| December | 43.0441 | 39.7578 | 41.3310 |