YEARLY HIGH
0.4722 ZAR
YEARLY LOW
0.3982 ZAR
YEARLY AVERAGE
0.4438 ZAR

2017 NIO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NIO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.4722. Conversely, the yearly low was recorded on December 27, dropping to 0.3982.

This high-to-low spread represents a total annual volatility of 0.0740 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4619 to the December average rate of 0.4246, the exchange rate registered a net change of -8.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4722 was down 21.99% compared to the 2016 peak of 0.6053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,361 ZAR
2016 Average 2,573 ZAR
Yearly Trough Low 1,991 ZAR
Transaction Impact: A difference of 369.81 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4657
0.4208
JanuMarcMayJulySeptNove

NIO 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 0.4464, compared to 0.4411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.4464
H2 Avg (Jul–Dec) 0.4411

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0483 ZAR (High: 0.4465 / Low: 0.3982). On the other end, June was the most stable month, with a tight range of 0.0203 ZAR (High: 0.4428 / Low: 0.4225).

December Spread (Volatile) ±0.0483
June Spread (Stable) ±0.0203

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 0.0339 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4619) against the same month in 2016 (average: 0.5853), the exchange rate shifted by -0.1234 (-21.08%).

2017 Avg (January) 0.4619
2016 Avg (January) 0.5853

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4722 0.4487 0.4619
February 0.4564 0.4351 0.4465
March 0.4548 0.4189 0.4372
April 0.4696 0.4405 0.4535
May 0.4597 0.4291 0.4459
June 0.4428 0.4225 0.4332
July 0.4512 0.4301 0.4380
August 0.4551 0.4329 0.4427
September 0.4474 0.4197 0.4341
October 0.4642 0.4364 0.4491
November 0.4712 0.4427 0.4585
December 0.4465 0.3982 0.4246