YEARLY HIGH
16.1265 SYP
YEARLY LOW
13.0482 SYP
YEARLY AVERAGE
14.7972 SYP

2016 ZAR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 16.1265. Conversely, the yearly low was recorded on January 18, dropping to 13.0482.

This high-to-low spread represents a total annual volatility of 3.0783 SYP. From a start-to-finish perspective, comparing the January average rate of 13.5217 to the December average rate of 15.4045, the exchange rate registered a net change of 13.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.1265 was down 11.72% compared to the 2015 peak of 18.2668, 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 806,327 SYP
2015 Average 765,983 SYP
Yearly Trough Low 652,411 SYP
Transaction Impact: A difference of 153,916.27 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.8270
13.3121
JanuMarcMayJulySeptNove

ZAR to SYP 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 14.2747, compared to 15.3196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0449 points.

H1 Avg (Jan–Jun) 14.2747
H2 Avg (Jul–Dec) 15.3196

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.5783 SYP (High: 15.4580 / Low: 13.8797). On the other end, December was the most stable month, with a tight range of 0.7377 SYP (High: 15.8248 / Low: 15.0871).

May Spread (Volatile) ±1.5783
December Spread (Stable) ±0.7377

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 0.6810 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6810

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 15.6174) against the same month in 2015 (average: 14.6425), the exchange rate shifted by +0.9749 (+6.66%).

2016 Avg (August) 15.6174
2015 Avg (August) 14.6425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.2355 13.0482 13.5217
February 14.4334 13.5977 13.9147
March 14.8658 13.8881 14.3097
April 15.4287 14.4078 15.0297
May 15.4580 13.8797 14.3487
June 15.1850 14.0127 14.5239
July 15.4999 14.6205 15.0041
August 16.1265 14.6455 15.6174
September 15.8348 14.7072 15.2177
October 15.7965 14.9664 15.3670
November 16.1179 14.7977 15.3072
December 15.8248 15.0871 15.4045