YEARLY HIGH
0.2108 ZAR
YEARLY LOW
0.1760 ZAR
YEARLY AVERAGE
0.1959 ZAR

2017 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.2108. Conversely, the yearly low was recorded on December 27, dropping to 0.1760.

This high-to-low spread represents a total annual volatility of 0.0348 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2035 to the December average rate of 0.1891, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2108 was down 14.15% compared to the 2016 peak of 0.2456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 1,054 ZAR
2016 Average 1,084 ZAR
Yearly Trough Low 880 ZAR
Transaction Impact: A difference of 174.22 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2069
0.1875
JanuMarcMayJulySeptNove

AFN to ZAR 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 0.1963, compared to 0.1954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1963
H2 Avg (Jul–Dec) 0.1954

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0240 ZAR (High: 0.2000 / Low: 0.1760). On the other end, June was the most stable month, with a tight range of 0.0075 ZAR (High: 0.1930 / Low: 0.1855).

December Spread (Volatile) ±0.0240
June Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0162 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2053) against the same month in 2016 (average: 0.2108), the exchange rate shifted by -0.0055 (-2.59%).

2017 Avg (November) 0.2053
2016 Avg (November) 0.2108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2066 0.1987 0.2035
February 0.2016 0.1928 0.1972
March 0.2016 0.1859 0.1938
April 0.2066 0.1928 0.1992
May 0.2017 0.1879 0.1950
June 0.1930 0.1855 0.1894
July 0.1982 0.1883 0.1923
August 0.1982 0.1898 0.1935
September 0.1979 0.1871 0.1919
October 0.2085 0.1945 0.2006
November 0.2108 0.1985 0.2053
December 0.2000 0.1760 0.1891