2017 CVE to ZAR Historical Review

YEARLY HIGH

0.1535 ZAR

YEARLY LOW

0.1210 ZAR

YEARLY AVERAGE

0.1359 ZAR

2017 CVE to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.1535. Conversely, the yearly low was recorded on March 26, dropping to 0.1210.

This high-to-low spread represents a total annual volatility of 0.0325 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1307 to the December average rate of 0.1401, the exchange rate registered a net change of 7.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1535 was down 8.04% compared to the 2016 peak of 0.1669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 767 ZAR

2016 Average 738 ZAR

Yearly Trough Low 605 ZAR

Transaction Impact: A difference of 162.51 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1519

0.1224

JanuMarcMayJulySeptNove

CVE 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 0.1293, compared to 0.1426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.1293

H2 Avg (Jul–Dec) 0.1426

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0164 ZAR (High: 0.1482 / Low: 0.1318). On the other end, January was the most stable month, with a tight range of 0.0037 ZAR (High: 0.1322 / Low: 0.1285).

December Spread (Volatile) ±0.0164

January Spread (Stable) ±0.0037

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 0.0094 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.1494) against the same month in 2016 (average: 0.1369), the exchange rate shifted by +0.0126 (+9.19%).

2017 Avg (November) 0.1494

2016 Avg (November) 0.1369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1322	0.1285	0.1307
February	0.1309	0.1230	0.1268
March	0.1299	0.1210	0.1249
April	0.1334	0.1257	0.1300
May	0.1356	0.1297	0.1324
June	0.1354	0.1287	0.1308
July	0.1409	0.1344	0.1369
August	0.1440	0.1392	0.1415
September	0.1447	0.1379	0.1417
October	0.1516	0.1417	0.1457
November	0.1535	0.1460	0.1494
December	0.1482	0.1318	0.1401