YEARLY HIGH
0.3921 NZD
YEARLY LOW
0.3543 NZD
YEARLY AVERAGE
0.3753 NZD

2017 SAR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SAR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.3921. Conversely, the yearly low was recorded on July 26, dropping to 0.3543.

This high-to-low spread represents a total annual volatility of 0.0378 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3745 to the December average rate of 0.3828, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3921 was down 5.90% compared to the 2016 peak of 0.4167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,961 NZD
2016 Average 1,915 NZD
Yearly Trough Low 1,771 NZD
Transaction Impact: A difference of 189.25 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3898
0.3594
JanuMarcMayJulySeptNove

SAR to NZD 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 0.3766, compared to 0.3739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.3766
H2 Avg (Jul–Dec) 0.3739

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0205 NZD (High: 0.3899 / Low: 0.3694). On the other end, February was the most stable month, with a tight range of 0.0078 NZD (High: 0.3723 / Low: 0.3644).

October Spread (Volatile) ±0.0205
February Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0148 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.3872) against the same month in 2016 (average: 0.3733), the exchange rate shifted by +0.0139 (+3.73%).

2017 Avg (November) 0.3872
2016 Avg (November) 0.3733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3852 0.3653 0.3745
February 0.3723 0.3644 0.3694
March 0.3867 0.3747 0.3808
April 0.3884 0.3785 0.3823
May 0.3903 0.3764 0.3839
June 0.3776 0.3635 0.3691
July 0.3692 0.3543 0.3619
August 0.3714 0.3582 0.3650
September 0.3727 0.3633 0.3678
October 0.3899 0.3694 0.3786
November 0.3921 0.3833 0.3872
December 0.3906 0.3755 0.3828