YEARLY HIGH
2.1797 ZAR
YEARLY LOW
1.8068 ZAR
YEARLY AVERAGE
1.9698 ZAR

2017 CNY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CNY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 2.1797. Conversely, the yearly low was recorded on March 25, dropping to 1.8068.

This high-to-low spread represents a total annual volatility of 0.3730 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9689 to the December average rate of 1.9853, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1797 was down 15.05% compared to the 2016 peak of 2.5658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 54,493 ZAR
2016 Average 55,398 ZAR
Yearly Trough Low 45,169 ZAR
Transaction Impact: A difference of 9,323.79 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1536
1.8496
JanuMarcMayJulySeptNove

CNY 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 1.9217, compared to 2.0179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0962 points.

H1 Avg (Jan–Jun) 1.9217
H2 Avg (Jul–Dec) 2.0179

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.2066 ZAR (High: 2.0780 / Low: 1.8713). On the other end, August was the most stable month, with a tight range of 0.0662 ZAR (High: 2.0243 / Low: 1.9581).

December Spread (Volatile) ±0.2066
August Spread (Stable) ±0.0662

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 0.1430 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1430

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.1282) against the same month in 2016 (average: 2.0432), the exchange rate shifted by +0.0850 (+4.16%).

2017 Avg (November) 2.1282
2016 Avg (November) 2.0432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9934 1.9235 1.9689
February 1.9566 1.8746 1.9170
March 1.9532 1.8068 1.8749
April 2.0176 1.8921 1.9502
May 1.9788 1.8710 1.9256
June 1.9322 1.8604 1.8936
July 1.9918 1.9086 1.9387
August 2.0243 1.9581 1.9851
September 2.0446 1.9635 2.0034
October 2.1441 2.0164 2.0667
November 2.1797 2.0678 2.1282
December 2.0780 1.8713 1.9853