YEARLY HIGH
0.2289 ZAR
YEARLY LOW
0.1800 ZAR
YEARLY AVERAGE
0.2050 ZAR

2017 HTG to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HTG to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.2289. Conversely, the yearly low was recorded on March 26, dropping to 0.1800.

This high-to-low spread represents a total annual volatility of 0.0489 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2033 to the December average rate of 0.2050, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2289 was down 21.21% compared to the 2016 peak of 0.2906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,145 ZAR
2016 Average 1,170 ZAR
Yearly Trough Low 900 ZAR
Transaction Impact: A difference of 244.64 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2256
0.1899
JanuMarcMayJulySeptNove

HTG 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 0.1980, compared to 0.2120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.1980
H2 Avg (Jul–Dec) 0.2120

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0262 ZAR (High: 0.2182 / Low: 0.1920). On the other end, February was the most stable month, with a tight range of 0.0087 ZAR (High: 0.2016 / Low: 0.1929).

December Spread (Volatile) ±0.0262
February Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between May and July, 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 0.0176 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2226) against the same month in 2016 (average: 0.2156), the exchange rate shifted by +0.0070 (+3.27%).

2017 Avg (November) 0.2226
2016 Avg (November) 0.2156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2091 0.1957 0.2033
February 0.2016 0.1929 0.1969
March 0.2001 0.1800 0.1934
April 0.2038 0.1908 0.1962
May 0.1986 0.1865 0.1928
June 0.2113 0.1871 0.2051
July 0.2182 0.2072 0.2112
August 0.2200 0.1950 0.2085
September 0.2152 0.2031 0.2083
October 0.2247 0.2093 0.2167
November 0.2289 0.2148 0.2226
December 0.2182 0.1920 0.2050