YEARLY HIGH
3.9108 ZAR
YEARLY LOW
3.2149 ZAR
YEARLY AVERAGE
3.6520 ZAR

2017 TRY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.9108. Conversely, the yearly low was recorded on December 27, dropping to 3.2149.

This high-to-low spread represents a total annual volatility of 0.6959 ZAR. From a start-to-finish perspective, comparing the January average rate of 3.6325 to the December average rate of 3.4092, the exchange rate registered a net change of -6.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.9108 was down 29.49% compared to the 2016 peak of 5.5467, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 195,542 ZAR
2016 Average 244,212 ZAR
Yearly Trough Low 160,746 ZAR
Transaction Impact: A difference of 34,795.89 ZAR purely based on transaction execution date.

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3.8296
3.3710
JanuMarcMayJulySeptNove

TRY 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 3.6353, compared to 3.6687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0334 points.

H1 Avg (Jan–Jun) 3.6353
H2 Avg (Jul–Dec) 3.6687

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.4562 ZAR (High: 3.9108 / Low: 3.4547). On the other end, August was the most stable month, with a tight range of 0.0799 ZAR (High: 3.8150 / Low: 3.7351).

January Spread (Volatile) Âą0.4562
August Spread (Stable) Âą0.0799

Growth Streaks & Declines

Trends

Between June and September, 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 November and December, when the average rate fell by 0.2120 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 3.6325) against the same month in 2016 (average: 5.4244), the exchange rate shifted by -1.7919 (-33.03%).

2017 Avg (January) 3.6325
2016 Avg (January) 5.4244

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Month High Low Average
January 3.9108 3.4547 3.6325
February 3.6419 3.5312 3.5983
March 3.6908 3.4323 3.5192
April 3.7671 3.5929 3.6810
May 3.8389 3.5869 3.7162
June 3.7191 3.6035 3.6643
July 3.7454 3.6458 3.6910
August 3.8150 3.7351 3.7760
September 3.8300 3.7343 3.7914
October 3.8212 3.6478 3.7231
November 3.7401 3.4466 3.6212
December 3.5643 3.2149 3.4092