2016 ZAR to TND Historical Review

YEARLY HIGH

0.1699 TND

YEARLY LOW

0.1208 TND

YEARLY AVERAGE

0.1467 TND

2016 ZAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.1699. Conversely, the yearly low was recorded on January 17, dropping to 0.1208.

This high-to-low spread represents a total annual volatility of 0.0491 TND. From a start-to-finish perspective, comparing the January average rate of 0.1256 to the December average rate of 0.1666, the exchange rate registered a net change of 32.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1699 was down 0.65% compared to the 2015 peak of 0.1710, 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 8,494 TND

2015 Average 7,720 TND

Yearly Trough Low 6,041 TND

Transaction Impact: A difference of 2,452.92 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1707

0.1214

JanuMarcMayJulySeptNove

ZAR to TND 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 0.1334, compared to 0.1600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 0.1334

H2 Avg (Jul–Dec) 0.1600

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0145 TND (High: 0.1654 / Low: 0.1509). On the other end, December was the most stable month, with a tight range of 0.0061 TND (High: 0.1699 / Low: 0.1638).

August Spread (Volatile) ±0.0145

December Spread (Stable) ±0.0061

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 0.0037 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1666) against the same month in 2015 (average: 0.1347), the exchange rate shifted by +0.0319 (+23.69%).

2016 Avg (December) 0.1666

2015 Avg (December) 0.1347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1318	0.1208	0.1256
February	0.1334	0.1248	0.1280
March	0.1364	0.1278	0.1319
April	0.1413	0.1323	0.1378
May	0.1412	0.1314	0.1341
June	0.1493	0.1353	0.1431
July	0.1591	0.1489	0.1537
August	0.1654	0.1509	0.1600
September	0.1630	0.1513	0.1565
October	0.1660	0.1560	0.1605
November	0.1689	0.1583	0.1626
December	0.1699	0.1638	0.1666