YEARLY HIGH
0.8262 ZAR
YEARLY LOW
0.6351 ZAR
YEARLY AVERAGE
0.7232 ZAR

2017 MDL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MDL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.8262. Conversely, the yearly low was recorded on March 26, dropping to 0.6351.

This high-to-low spread represents a total annual volatility of 0.1911 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.6770 to the December average rate of 0.7619, the exchange rate registered a net change of 12.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8262 was up 0.43% compared to the 2016 peak of 0.8227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,131 ZAR
2016 Average 3,696 ZAR
Yearly Trough Low 3,175 ZAR
Transaction Impact: A difference of 955.64 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8213
0.6417
JanuMarcMayJulySeptNove

MDL 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 0.6855, compared to 0.7610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0755 points.

H1 Avg (Jan–Jun) 0.6855
H2 Avg (Jul–Dec) 0.7610

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0844 ZAR (High: 0.8001 / Low: 0.7157). On the other end, June was the most stable month, with a tight range of 0.0296 ZAR (High: 0.7249 / Low: 0.6953).

December Spread (Volatile) ±0.0844
June Spread (Stable) ±0.0296

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0445 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.7868) against the same month in 2016 (average: 0.7015), the exchange rate shifted by +0.0853 (+12.16%).

2017 Avg (October) 0.7868
2016 Avg (October) 0.7015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6915 0.6617 0.6770
February 0.6771 0.6433 0.6608
March 0.6921 0.6351 0.6567
April 0.7202 0.6737 0.6953
May 0.7275 0.6958 0.7148
June 0.7249 0.6953 0.7083
July 0.7480 0.7128 0.7249
August 0.7570 0.7270 0.7411
September 0.7717 0.7222 0.7449
October 0.8262 0.7627 0.7868
November 0.8198 0.7883 0.8064
December 0.8001 0.7157 0.7619