YEARLY HIGH
47.8881 ZAR
YEARLY LOW
40.6048 ZAR
YEARLY AVERAGE
43.8634 ZAR

2017 KWD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KWD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 47.8881. Conversely, the yearly low was recorded on December 27, dropping to 40.6048.

This high-to-low spread represents a total annual volatility of 7.2833 ZAR. From a start-to-finish perspective, comparing the January average rate of 44.4617 to the December average rate of 43.3502, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 47.8881 was down 13.58% compared to the 2016 peak of 55.4108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 239,440 ZAR
2016 Average 243,257 ZAR
Yearly Trough Low 203,024 ZAR
Transaction Impact: A difference of 36,416.40 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

47.0607
41.9175
JanuMarcMayJulySeptNove

KWD 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 43.3636, compared to 44.3632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9995 points.

H1 Avg (Jan–Jun) 43.3636
H2 Avg (Jul–Dec) 44.3632

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 5.0375 ZAR (High: 45.6423 / Low: 40.6048). On the other end, June was the most stable month, with a tight range of 1.5409 ZAR (High: 43.1740 / Low: 41.6331).

December Spread (Volatile) ±5.0375
June Spread (Stable) ±1.5409

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 3.2820 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.2820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 46.6321) against the same month in 2016 (average: 46.0137), the exchange rate shifted by +0.6184 (+1.34%).

2017 Avg (November) 46.6321
2016 Avg (November) 46.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.1191 43.4157 44.4617
February 44.1674 42.1395 43.1749
March 44.1576 40.7162 42.3461
April 45.5565 42.7909 44.1055
May 44.8327 42.2836 43.5999
June 43.1740 41.6331 42.4938
July 44.6710 42.6575 43.3455
August 44.6961 43.0901 43.8610
September 44.9659 42.4766 43.6589
October 47.1327 43.9424 45.3313
November 47.8881 45.2885 46.6321
December 45.6423 40.6048 43.3502