YEARLY HIGH
1.8551 ZAR
YEARLY LOW
1.5704 ZAR
YEARLY AVERAGE
1.7076 ZAR

2017 HKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 1.8551. Conversely, the yearly low was recorded on December 27, dropping to 1.5704.

This high-to-low spread represents a total annual volatility of 0.2847 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.7510 to the December average rate of 1.6754, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.8551 was down 14.18% compared to the 2016 peak of 2.1616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,378 ZAR
2016 Average 47,351 ZAR
Yearly Trough Low 39,260 ZAR
Transaction Impact: A difference of 7,118.26 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8208
1.6383
JanuMarcMayJulySeptNove

HKD 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 1.6995, compared to 1.7157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 1.6995
H2 Avg (Jul–Dec) 1.7157

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1916 ZAR (High: 1.7620 / Low: 1.5704). On the other end, June was the most stable month, with a tight range of 0.0574 ZAR (High: 1.6772 / Low: 1.6199).

December Spread (Volatile) ±0.1916
June Spread (Stable) ±0.0574

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 0.1302 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.8056) against the same month in 2016 (average: 1.8026), the exchange rate shifted by +0.0030 (+0.17%).

2017 Avg (November) 1.8056
2016 Avg (November) 1.8026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7796 1.7068 1.7510
February 1.7352 1.6588 1.6981
March 1.7315 1.5972 1.6643
April 1.7926 1.6717 1.7280
May 1.7532 1.6465 1.7023
June 1.6772 1.6199 1.6535
July 1.7339 1.6529 1.6808
August 1.7253 1.6616 1.6931
September 1.7390 1.6363 1.6840
October 1.8255 1.6993 1.7552
November 1.8551 1.7501 1.8056
December 1.7620 1.5704 1.6754