2016 ZAR to SZL Historical Review

YEARLY HIGH

1.0135 SZL

YEARLY LOW

0.9859 SZL

YEARLY AVERAGE

1.0000 SZL

2016 ZAR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0135. Conversely, the yearly low was recorded on August 31, dropping to 0.9859.

This high-to-low spread represents a total annual volatility of 0.0276 SZL. From a start-to-finish perspective, comparing the January average rate of 0.9995 to the December average rate of 1.0011, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0135 was down 0.08% compared to the 2015 peak of 1.0143, 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 50,674 SZL

2015 Average 50,000 SZL

Yearly Trough Low 49,293 SZL

Transaction Impact: A difference of 1,380.77 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0014

0.9980

JanuMarcMayJulySeptNove

ZAR to SZL 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 1.0000, compared to 0.9999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.0000

H2 Avg (Jul–Dec) 0.9999

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0188 SZL (High: 1.0135 / Low: 0.9947). On the other end, May was the most stable month, with a tight range of 0.0038 SZL (High: 1.0018 / Low: 0.9980).

December Spread (Volatile) ±0.0188

May Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.0011) against the same month in 2015 (average: 0.9995), the exchange rate shifted by +0.0016 (+0.16%).

2016 Avg (December) 1.0011

2015 Avg (December) 0.9995

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0049	0.9943	0.9995
February	1.0043	0.9947	1.0001
March	1.0052	0.9979	1.0005
April	1.0048	0.9983	1.0001
May	1.0018	0.9980	0.9999
June	1.0026	0.9938	1.0000
July	1.0056	0.9901	1.0000
August	1.0032	0.9859	0.9983
September	1.0059	0.9942	0.9996
October	1.0053	0.9939	1.0003
November	1.0045	0.9897	1.0002
December	1.0135	0.9947	1.0011