YEARLY HIGH
0.2588 TRY
YEARLY LOW
0.1803 TRY
YEARLY AVERAGE
0.2066 TRY

2016 ZAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2588. Conversely, the yearly low was recorded on January 18, dropping to 0.1803.

This high-to-low spread represents a total annual volatility of 0.0785 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1844 to the December average rate of 0.2527, the exchange rate registered a net change of 37.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2588 was up 14.34% compared to the 2015 peak of 0.2264, 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 12,942 TRY
2015 Average 10,683 TRY
Yearly Trough Low 9,014 TRY
Transaction Impact: A difference of 3,927.22 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2595
0.1776
JanuMarcMayJulySeptNove

ZAR to TRY 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 0.1897, compared to 0.2235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0338 points.

H1 Avg (Jan–Jun) 0.1897
H2 Avg (Jul–Dec) 0.2235

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0204 TRY (High: 0.2476 / Low: 0.2272). On the other end, March was the most stable month, with a tight range of 0.0082 TRY (High: 0.1911 / Low: 0.1829).

November Spread (Volatile) ±0.0204
March Spread (Stable) ±0.0082

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 August and September, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.2527) against the same month in 2015 (average: 0.1942), the exchange rate shifted by +0.0585 (+30.11%).

2016 Avg (December) 0.2527
2015 Avg (December) 0.1942

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1907 0.1803 0.1844
February 0.1930 0.1821 0.1864
March 0.1911 0.1829 0.1877
April 0.1979 0.1876 0.1941
May 0.1972 0.1871 0.1923
June 0.1983 0.1882 0.1934
July 0.2149 0.1985 0.2064
August 0.2217 0.2019 0.2151
September 0.2204 0.2031 0.2108
October 0.2287 0.2161 0.2206
November 0.2476 0.2272 0.2356
December 0.2588 0.2474 0.2527