YEARLY HIGH
6.9911 ZAR
YEARLY LOW
5.9691 ZAR
YEARLY AVERAGE
6.4623 ZAR

2017 FJD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 6.9911. Conversely, the yearly low was recorded on December 27, dropping to 5.9691.

This high-to-low spread represents a total annual volatility of 1.0220 ZAR. From a start-to-finish perspective, comparing the January average rate of 6.5224 to the December average rate of 6.3374, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.9911 was down 10.47% compared to the 2016 peak of 7.8084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,956 ZAR
2016 Average 35,227 ZAR
Yearly Trough Low 29,845 ZAR
Transaction Impact: A difference of 5,110.12 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.8574
6.1640
JanuMarcMayJulySeptNove

FJD 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 6.3622, compared to 6.5624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2001 points.

H1 Avg (Jan–Jun) 6.3622
H2 Avg (Jul–Dec) 6.5624

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.6648 ZAR (High: 6.6339 / Low: 5.9691). On the other end, January was the most stable month, with a tight range of 0.1815 ZAR (High: 6.6090 / Low: 6.4275).

December Spread (Volatile) ±0.6648
January Spread (Stable) ±0.1815

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 0.4622 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 6.7996) against the same month in 2016 (average: 6.7408), the exchange rate shifted by +0.0588 (+0.87%).

2017 Avg (November) 6.7996
2016 Avg (November) 6.7408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.6090 6.4275 6.5224
February 6.5191 6.2280 6.4023
March 6.4678 6.0168 6.2218
April 6.6437 6.2536 6.4454
May 6.4784 6.1685 6.3270
June 6.4126 6.0908 6.2545
July 6.5714 6.3492 6.4618
August 6.7240 6.3912 6.5632
September 6.6980 6.3623 6.5229
October 6.8671 6.5241 6.6893
November 6.9911 6.5649 6.7996
December 6.6339 5.9691 6.3374