2017 HNL to ZAR Historical Review

YEARLY HIGH

0.6119 ZAR

YEARLY LOW

0.5189 ZAR

YEARLY AVERAGE

0.5670 ZAR

2017 HNL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.6119. Conversely, the yearly low was recorded on December 27, dropping to 0.5189.

This high-to-low spread represents a total annual volatility of 0.0930 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.5818 to the December average rate of 0.5538, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6119 was down 18.54% compared to the 2016 peak of 0.7511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,060 ZAR

2016 Average 3,231 ZAR

Yearly Trough Low 2,595 ZAR

Transaction Impact: A difference of 464.80 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6016

0.5455

JanuMarcMayJulySeptNove

HNL 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 0.5634, compared to 0.5706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.5634

H2 Avg (Jul–Dec) 0.5706

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0634 ZAR (High: 0.5823 / Low: 0.5189). On the other end, June was the most stable month, with a tight range of 0.0235 ZAR (High: 0.5619 / Low: 0.5384).

December Spread (Volatile) ±0.0634

June Spread (Stable) ±0.0235

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 0.0432 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.5969) against the same month in 2016 (average: 0.6069), the exchange rate shifted by -0.0100 (-1.65%).

2017 Avg (November) 0.5969

2016 Avg (November) 0.6069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6010	0.5605	0.5818
February	0.5737	0.5477	0.5596
March	0.5742	0.5272	0.5502
April	0.5935	0.5549	0.5730
May	0.5834	0.5464	0.5652
June	0.5619	0.5384	0.5504
July	0.5776	0.5507	0.5609
August	0.5811	0.5536	0.5673
September	0.5806	0.5471	0.5615
October	0.6057	0.5656	0.5830
November	0.6119	0.5759	0.5969
December	0.5823	0.5189	0.5538