2017 BND to ZAR Historical Review

YEARLY HIGH

10.6296 ZAR

YEARLY LOW

8.8594 ZAR

YEARLY AVERAGE

9.6412 ZAR

2017 BND to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 10.6296. Conversely, the yearly low was recorded on March 26, dropping to 8.8594.

This high-to-low spread represents a total annual volatility of 1.7702 ZAR. From a start-to-finish perspective, comparing the January average rate of 9.5022 to the December average rate of 9.7224, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.6296 was down 9.23% compared to the 2016 peak of 11.7107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,148 ZAR

2016 Average 53,257 ZAR

Yearly Trough Low 44,297 ZAR

Transaction Impact: A difference of 8,850.96 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.5181

9.0770

JanuMarcMayJulySeptNove

BND 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 9.4078, compared to 9.8745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4667 points.

H1 Avg (Jan–Jun) 9.4078

H2 Avg (Jul–Dec) 9.8745

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 1.0576 ZAR (High: 10.2179 / Low: 9.1602). On the other end, January was the most stable month, with a tight range of 0.2518 ZAR (High: 9.5918 / Low: 9.3400).

December Spread (Volatile) ±1.0576

January Spread (Stable) ±0.2518

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6757 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 10.3981) against the same month in 2016 (average: 9.9097), the exchange rate shifted by +0.4883 (+4.93%).

2017 Avg (November) 10.3981

2016 Avg (November) 9.9097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5918	9.3400	9.5022
February	9.5094	9.0780	9.3197
March	9.6501	8.8594	9.1971
April	9.9153	9.3254	9.6011
May	9.7408	9.2557	9.5061
June	9.5123	9.1550	9.3209
July	9.7834	9.4512	9.5738
August	9.9147	9.5853	9.7321
September	9.9920	9.4855	9.7523
October	10.4425	9.7996	10.0686
November	10.6296	10.1424	10.3981
December	10.2179	9.1602	9.7224