YEARLY HIGH
0.3228 ZAR
YEARLY LOW
0.2579 ZAR
YEARLY AVERAGE
0.2906 ZAR

2017 GMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3228. Conversely, the yearly low was recorded on December 27, dropping to 0.2579.

This high-to-low spread represents a total annual volatility of 0.0649 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3120 to the December average rate of 0.2754, the exchange rate registered a net change of -11.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3228 was down 24.21% compared to the 2016 peak of 0.4259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,614 ZAR
2016 Average 1,755 ZAR
Yearly Trough Low 1,289 ZAR
Transaction Impact: A difference of 324.62 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3156
0.2718
JanuMarcMayJulySeptNove

GMD 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 0.2941, compared to 0.2872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.2941
H2 Avg (Jul–Dec) 0.2872

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0325 ZAR (High: 0.2904 / Low: 0.2579). On the other end, June was the most stable month, with a tight range of 0.0098 ZAR (High: 0.2850 / Low: 0.2752).

December Spread (Volatile) ±0.0325
June Spread (Stable) ±0.0098

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 0.0220 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3120) against the same month in 2016 (average: 0.4122), the exchange rate shifted by -0.1003 (-24.32%).

2017 Avg (January) 0.3120
2016 Avg (January) 0.4122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3228 0.3029 0.3120
February 0.3083 0.2889 0.2984
March 0.2983 0.2774 0.2889
April 0.3075 0.2883 0.2971
May 0.2960 0.2783 0.2876
June 0.2850 0.2752 0.2804
July 0.2943 0.2805 0.2852
August 0.2930 0.2820 0.2884
September 0.2944 0.2779 0.2858
October 0.3004 0.2800 0.2911
November 0.3060 0.2879 0.2974
December 0.2904 0.2579 0.2754