YEARLY HIGH
2.0970 ZAR
YEARLY LOW
1.7759 ZAR
YEARLY AVERAGE
1.9181 ZAR

2017 BOB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 2.0970. Conversely, the yearly low was recorded on December 27, dropping to 1.7759.

This high-to-low spread represents a total annual volatility of 0.3211 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9630 to the December average rate of 1.8934, the exchange rate registered a net change of -3.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0970 was down 14.04% compared to the 2016 peak of 2.4395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,485 ZAR
2016 Average 10,658 ZAR
Yearly Trough Low 8,880 ZAR
Transaction Impact: A difference of 1,605.30 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0473
1.8407
JanuMarcMayJulySeptNove

BOB 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 1.9062, compared to 1.9300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 1.9062
H2 Avg (Jul–Dec) 1.9300

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.2155 ZAR (High: 1.9914 / Low: 1.7759). On the other end, June was the most stable month, with a tight range of 0.0704 ZAR (High: 1.8878 / Low: 1.8174).

December Spread (Volatile) ±0.2155
June Spread (Stable) ±0.0704

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 0.1367 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.0301) against the same month in 2016 (average: 2.0215), the exchange rate shifted by +0.0086 (+0.43%).

2017 Avg (November) 2.0301
2016 Avg (November) 2.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9940 1.9155 1.9630
February 1.9429 1.8640 1.9041
March 1.9420 1.7888 1.8667
April 2.0095 1.8801 1.9366
May 1.9724 1.8395 1.9089
June 1.8878 1.8174 1.8580
July 1.9609 1.8507 1.8881
August 1.9471 1.8534 1.9022
September 1.9500 1.8346 1.8849
October 2.0596 1.9198 1.9811
November 2.0970 1.9559 2.0301
December 1.9914 1.7759 1.8934