YEARLY HIGH
0.7622 ZAR
YEARLY LOW
0.6182 ZAR
YEARLY AVERAGE
0.7052 ZAR

2017 MXN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MXN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.7622. Conversely, the yearly low was recorded on January 19, dropping to 0.6182.

This high-to-low spread represents a total annual volatility of 0.1440 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.6365 to the December average rate of 0.6816, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7622 was down 18.24% compared to the 2016 peak of 0.9323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 38,110 ZAR
2016 Average 39,496 ZAR
Yearly Trough Low 30,910 ZAR
Transaction Impact: A difference of 7,199.69 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7555
0.6256
JanuMarcMayJulySeptNove

MXN 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: JanтАУJun) was 0.6818, compared to 0.7287 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0469 points.

H1 Avg (JanтАУJun) 0.6818
H2 Avg (JulтАУDec) 0.7287

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1158 ZAR (High: 0.7379 / Low: 0.6221). On the other end, February was the most stable month, with a tight range of 0.0222 ZAR (High: 0.6588 / Low: 0.6365).

December Spread (Volatile) ┬▒0.1158
February Spread (Stable) ┬▒0.0222

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0630 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.7446) against the same month in 2016 (average: 0.6965), the exchange rate shifted by +0.0482 (+6.92%).

2017 Avg (November) 0.7446
2016 Avg (November) 0.6965

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Month High Low Average
January 0.6653 0.6182 0.6365
February 0.6588 0.6365 0.6499
March 0.7183 0.6560 0.6709
April 0.7451 0.6914 0.7171
May 0.7163 0.6937 0.7061
June 0.7257 0.6849 0.7103
July 0.7563 0.7220 0.7364
August 0.7568 0.7267 0.7440
September 0.7492 0.7201 0.7380
October 0.7498 0.6999 0.7275
November 0.7622 0.7357 0.7446
December 0.7379 0.6221 0.6816