YEARLY HIGH
0.2033 XCD
YEARLY LOW
0.1602 XCD
YEARLY AVERAGE
0.1843 XCD

2016 ZAR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.2033. Conversely, the yearly low was recorded on January 18, dropping to 0.1602.

This high-to-low spread represents a total annual volatility of 0.0430 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1660 to the December average rate of 0.1949, the exchange rate registered a net change of 17.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2033 was down 14.96% compared to the 2015 peak of 0.2390, 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 10,163 XCD
2015 Average 10,644 XCD
Yearly Trough Low 8,011 XCD
Transaction Impact: A difference of 2,152.13 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1991
0.1630
JanuMarcMayJulySeptNove

ZAR to XCD 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 0.1757, compared to 0.1929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.1757
H2 Avg (Jul–Dec) 0.1929

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0194 XCD (High: 0.1904 / Low: 0.1710). On the other end, December was the most stable month, with a tight range of 0.0086 XCD (High: 0.1998 / Low: 0.1912).

May Spread (Volatile) ±0.0194
December Spread (Stable) ±0.0086

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 0.0083 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.1932) against the same month in 2015 (average: 0.1909), the exchange rate shifted by +0.0023 (+1.23%).

2016 Avg (November) 0.1932
2015 Avg (November) 0.1909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1746 0.1602 0.1660
February 0.1773 0.1671 0.1710
March 0.1828 0.1707 0.1759
April 0.1900 0.1774 0.1850
May 0.1904 0.1710 0.1767
June 0.1875 0.1728 0.1793
July 0.1942 0.1827 0.1877
August 0.2025 0.1843 0.1961
September 0.1998 0.1851 0.1917
October 0.1992 0.1888 0.1939
November 0.2033 0.1868 0.1932
December 0.1998 0.1912 0.1949