YEARLY HIGH
46.1069 XOF
YEARLY LOW
36.0495 XOF
YEARLY AVERAGE
40.6346 XOF

2016 ZAR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 46.1069. Conversely, the yearly low was recorded on January 19, dropping to 36.0495.

This high-to-low spread represents a total annual volatility of 10.0575 XOF. From a start-to-finish perspective, comparing the January average rate of 37.3141 to the December average rate of 44.8895, the exchange rate registered a net change of 20.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 46.1069 was down 10.63% compared to the 2015 peak of 51.5904, 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 2,305,347 XOF
2015 Average 2,329,931 XOF
Yearly Trough Low 1,802,473 XOF
Transaction Impact: A difference of 502,874.39 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

45.6471
36.5565
JanuMarcMayJulySeptNove

ZAR to XOF 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 38.4182, compared to 42.8509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4328 points.

H1 Avg (Jan–Jun) 38.4182
H2 Avg (Jul–Dec) 42.8509

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 3.9722 XOF (High: 44.2330 / Low: 40.2609). On the other end, March was the most stable month, with a tight range of 1.8050 XOF (High: 39.3819 / Low: 37.5769).

August Spread (Volatile) ±3.9722
March Spread (Stable) ±1.8050

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 1.6807 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 44.8895) against the same month in 2015 (average: 40.1250), the exchange rate shifted by +4.7645 (+11.87%).

2016 Avg (December) 44.8895
2015 Avg (December) 40.1250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.1784 36.0495 37.3141
February 39.3232 36.6650 37.6614
March 39.3819 37.5769 38.5852
April 40.8929 38.2514 39.8656
May 40.6311 37.3826 38.1849
June 40.1333 37.7295 38.8978
July 42.5406 40.2163 41.3345
August 44.2330 40.2609 42.7362
September 43.4401 40.3659 41.7128
October 44.2523 41.5953 42.8430
November 44.8373 42.3152 43.5897
December 46.1069 43.7777 44.8895