Historical Year Data · 2016
USD/ZAR in 2016
USD/ZAR opened 2016 at 15.62 and closed at 13.7, a -12.26% move for the year. The high of 16.88 was reached on January 20, and the low of 13.27 on November 8.
Open
15.62
2016-01
Close
13.7
251 data points
High
16.88
Jan 20
Low
13.27
Nov 8
Full Year Change
-12.26%
2015 Change
+32.20%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 15.62 | 15.95 | 16.88 | 15.62 | +2.17% |
| Feb | 15.95 | 15.75 | 16.18 | 15.18 | -1.26% |
| Mar | 15.55 | 14.71 | 16.14 | 14.71 | -5.38% |
| Apr | 14.74 | 14.24 | 15.15 | 14.22 | -3.39% |
| May | 14.33 | 15.72 | 15.88 | 14.33 | +9.70% |
| Jun | 15.6 | 14.78 | 15.6 | 14.43 | -5.27% |
| Jul | 14.58 | 13.89 | 14.79 | 13.89 | -4.72% |
| Aug | 13.9 | 14.7 | 14.7 | 13.31 | +5.74% |
| Sep | 14.68 | 13.72 | 14.68 | 13.48 | -6.57% |
| Oct | 13.65 | 13.49 | 14.36 | 13.49 | -1.17% |
| Nov | 13.58 | 14.08 | 14.38 | 13.27 | +3.70% |
| Dec | 14.08 | 13.7 | 14.1 | 13.52 | -2.66% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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