2016 ZAR to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 395.6204. Conversely, the yearly low was recorded on January 18, dropping to 311.5538.
This high-to-low spread represents a total annual volatility of 84.0666 ZMK. From a start-to-finish perspective, comparing the January average rate of 322.8177 to the December average rate of 378.8839, the exchange rate registered a net change of 17.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 395.6204 was down 14.87% compared to the 2015 peak of 464.7514, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ZAR to ZMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 341.4773, compared to 375.0278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.5504 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 37.4771 ZMK (High: 369.9547 / Low: 332.4775). On the other end, December was the most stable month, with a tight range of 17.2328 ZMK (High: 388.7935 / Low: 371.5607).
Growth Streaks & Declines
TrendsBetween 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 16.1356 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 375.9204) against the same month in 2015 (average: 371.1882), the exchange rate shifted by +4.7322 (+1.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 339.4375 | 311.5538 | 322.8177 |
| February | 344.8208 | 324.9111 | 332.5041 |
| March | 355.5036 | 331.9873 | 342.0540 |
| April | 369.1858 | 344.7422 | 359.5968 |
| May | 369.9547 | 332.4775 | 343.4613 |
| June | 364.3930 | 335.7514 | 348.4300 |
| July | 376.2713 | 354.9809 | 363.5946 |
| August | 394.0435 | 358.6613 | 381.5108 |
| September | 388.8387 | 360.1231 | 373.0938 |
| October | 387.6794 | 367.3263 | 377.1630 |
| November | 395.6204 | 363.6380 | 375.9204 |
| December | 388.7935 | 371.5607 | 378.8839 |