2017 FKP to ZAR Historical Review

YEARLY HIGH

18.9885 ZAR

YEARLY LOW

15.5107 ZAR

YEARLY AVERAGE

17.1493 ZAR

2017 FKP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 18.9885. Conversely, the yearly low was recorded on March 24, dropping to 15.5107.

This high-to-low spread represents a total annual volatility of 3.4778 ZAR. From a start-to-finish perspective, comparing the January average rate of 16.7697 to the December average rate of 17.5465, the exchange rate registered a net change of 4.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 18.9885 was down 21.82% compared to the 2016 peak of 24.2875, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,943 ZAR

2016 Average 99,904 ZAR

Yearly Trough Low 77,554 ZAR

Transaction Impact: A difference of 17,388.97 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

18.9016

15.6809

JanuMarcMayJulySeptNove

FKP 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 16.6281, compared to 17.6705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0424 points.

H1 Avg (Jan–Jun) 16.6281

H2 Avg (Jul–Dec) 17.6705

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 2.1267 ZAR (High: 18.5690 / Low: 16.4424). On the other end, July was the most stable month, with a tight range of 0.6350 ZAR (High: 17.4186 / Low: 16.7836).

December Spread (Volatile) ±2.1267

July Spread (Stable) ±0.6350

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 1.0868 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.0868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 18.6332) against the same month in 2016 (average: 17.4083), the exchange rate shifted by +1.2249 (+7.04%).

2017 Avg (November) 18.6332

2016 Avg (November) 17.4083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.0216	16.2929	16.7697
February	17.0476	16.0438	16.4424
March	16.8383	15.5107	15.9493
April	17.3333	16.6442	16.9770
May	17.6449	16.4408	17.1284
June	17.0596	16.1122	16.5019
July	17.4186	16.7836	17.0740
August	17.5839	16.7659	17.1571
September	18.1948	16.7042	17.5290
October	18.7841	17.6254	18.0831
November	18.9885	18.2551	18.6332
December	18.5690	16.4424	17.5465