YEARLY HIGH
0.0650 ZAR
YEARLY LOW
0.0238 ZAR
YEARLY AVERAGE
0.0477 ZAR

2017 SYP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.0650. Conversely, the yearly low was recorded on December 27, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0412 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0635 to the December average rate of 0.0254, the exchange rate registered a net change of -59.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0650 was down 15.21% compared to the 2016 peak of 0.0766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 325 ZAR
2016 Average 339 ZAR
Yearly Trough Low 119 ZAR
Transaction Impact: A difference of 205.82 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0673
0.0216
JanuMarcMayJulySeptNove

SYP 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 0.0617, compared to 0.0337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0279 points.

H1 Avg (Jan–Jun) 0.0617
H2 Avg (Jul–Dec) 0.0337

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0373 ZAR (High: 0.0626 / Low: 0.0252). On the other end, September was the most stable month, with a tight range of 0.0015 ZAR (High: 0.0264 / Low: 0.0249).

August Spread (Volatile) ±0.0373
September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0250 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0627) against the same month in 2016 (average: 0.0666), the exchange rate shifted by -0.0039 (-5.83%).

2017 Avg (April) 0.0627
2016 Avg (April) 0.0666

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0647 0.0618 0.0635
February 0.0628 0.0600 0.0615
March 0.0628 0.0579 0.0603
April 0.0650 0.0608 0.0627
May 0.0636 0.0599 0.0618
June 0.0611 0.0589 0.0602
July 0.0632 0.0601 0.0612
August 0.0626 0.0252 0.0362
September 0.0264 0.0249 0.0256
October 0.0277 0.0258 0.0266
November 0.0281 0.0265 0.0274
December 0.0267 0.0238 0.0254