2016 ZAR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 0.6810 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |