YEARLY HIGH
0.1513 ZAR
YEARLY LOW
0.0978 ZAR
YEARLY AVERAGE
0.1292 ZAR

2017 LRD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LRD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1513. Conversely, the yearly low was recorded on December 27, dropping to 0.0978.

This high-to-low spread represents a total annual volatility of 0.0535 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1451 to the December average rate of 0.1043, the exchange rate registered a net change of -28.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1513 was down 24.04% compared to the 2016 peak of 0.1991, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 756 ZAR
2016 Average 825 ZAR
Yearly Trough Low 489 ZAR
Transaction Impact: A difference of 267.57 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1492
0.1002
JanuMarcMayJulySeptNove

LRD 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 0.1405, compared to 0.1178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0227 points.

H1 Avg (Jan–Jun) 0.1405
H2 Avg (Jul–Dec) 0.1178

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0357 ZAR (High: 0.1486 / Low: 0.1130). On the other end, June was the most stable month, with a tight range of 0.0057 ZAR (High: 0.1401 / Low: 0.1344).

August Spread (Volatile) ±0.0357
June Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0231 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1451) against the same month in 2016 (average: 0.1904), the exchange rate shifted by -0.0453 (-23.79%).

2017 Avg (January) 0.1451
2016 Avg (January) 0.1904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1513 0.1401 0.1451
February 0.1432 0.1362 0.1399
March 0.1428 0.1320 0.1375
April 0.1474 0.1378 0.1426
May 0.1456 0.1365 0.1408
June 0.1401 0.1344 0.1373
July 0.1464 0.1374 0.1416
August 0.1486 0.1130 0.1185
September 0.1156 0.1095 0.1126
October 0.1197 0.1122 0.1158
November 0.1190 0.1094 0.1145
December 0.1097 0.0978 0.1043