YEARLY HIGH
0.2211 ZAR
YEARLY LOW
0.1897 ZAR
YEARLY AVERAGE
0.2044 ZAR

2017 INR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the INR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.2211. Conversely, the yearly low was recorded on March 26, dropping to 0.1897.

This high-to-low spread represents a total annual volatility of 0.0315 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1995 to the December average rate of 0.2038, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2211 was down 11.51% compared to the 2016 peak of 0.2499, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 55,287 ZAR
2016 Average 54,716 ZAR
Yearly Trough Low 47,416 ZAR
Transaction Impact: A difference of 7,871.18 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2194
0.1941
JanuMarcMayJulySeptNove

INR 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 0.2011, compared to 0.2078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.2011
H2 Avg (Jul–Dec) 0.2078

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0221 ZAR (High: 0.2134 / Low: 0.1913). On the other end, June was the most stable month, with a tight range of 0.0058 ZAR (High: 0.2027 / Low: 0.1969).

December Spread (Volatile) ±0.0221
June Spread (Stable) ±0.0058

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 0.0135 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2173) against the same month in 2016 (average: 0.2066), the exchange rate shifted by +0.0107 (+5.17%).

2017 Avg (November) 0.2173
2016 Avg (November) 0.2066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2028 0.1948 0.1995
February 0.2010 0.1930 0.1968
March 0.2076 0.1897 0.1962
April 0.2157 0.2011 0.2081
May 0.2125 0.1988 0.2058
June 0.2027 0.1969 0.2001
July 0.2099 0.2003 0.2037
August 0.2107 0.2032 0.2070
September 0.2077 0.2000 0.2042
October 0.2192 0.2051 0.2106
November 0.2211 0.2120 0.2173
December 0.2134 0.1913 0.2038