YEARLY HIGH
1.6561 ZAR
YEARLY LOW
1.4025 ZAR
YEARLY AVERAGE
1.5211 ZAR

2017 SVC to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SVC to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 1.6561. Conversely, the yearly low was recorded on December 27, dropping to 1.4025.

This high-to-low spread represents a total annual volatility of 0.2536 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5524 to the December average rate of 1.4953, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6561 was down 14.15% compared to the 2016 peak of 1.9290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,280 ZAR
2016 Average 8,407 ZAR
Yearly Trough Low 7,012 ZAR
Transaction Impact: A difference of 1,268.18 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6248
1.4613
JanuMarcMayJulySeptNove

SVC 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 1.5103, compared to 1.5320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 1.5103
H2 Avg (Jul–Dec) 1.5320

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1702 ZAR (High: 1.5727 / Low: 1.4025). On the other end, June was the most stable month, with a tight range of 0.0558 ZAR (High: 1.4994 / Low: 1.4436).

December Spread (Volatile) ±0.1702
June Spread (Stable) ±0.0558

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 0.1158 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.6112) against the same month in 2016 (average: 1.5983), the exchange rate shifted by +0.0128 (+0.80%).

2017 Avg (November) 1.6112
2016 Avg (November) 1.5983

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5793 1.5126 1.5524
February 1.5377 1.4721 1.5058
March 1.5380 1.4168 1.4786
April 1.5914 1.4891 1.5338
May 1.5670 1.4611 1.5163
June 1.4994 1.4436 1.4749
July 1.5482 1.4753 1.5023
August 1.5499 1.4774 1.5152
September 1.5522 1.4626 1.5028
October 1.6268 1.5154 1.5652
November 1.6561 1.5569 1.6112
December 1.5727 1.4025 1.4953