YEARLY HIGH
1.0339 ZAR
YEARLY LOW
0.9768 ZAR
YEARLY AVERAGE
0.9997 ZAR

2017 SZL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SZL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 1.0339. Conversely, the yearly low was recorded on December 17, dropping to 0.9768.

This high-to-low spread represents a total annual volatility of 0.0572 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.0025 to the December average rate of 0.9957, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0339 was up 1.93% compared to the 2016 peak of 1.0143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,170 ZAR
2016 Average 5,000 ZAR
Yearly Trough Low 4,884 ZAR
Transaction Impact: A difference of 285.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0032
0.9951
JanuMarcMayJulySeptNove

SZL 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 1.0000, compared to 0.9993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 1.0000
H2 Avg (Jul–Dec) 0.9993

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0464 ZAR (High: 1.0339 / Low: 0.9876). On the other end, January was the most stable month, with a tight range of 0.0143 ZAR (High: 1.0084 / Low: 0.9941).

March Spread (Volatile) ±0.0464
January Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1.0007) against the same month in 2016 (average: 0.9995), the exchange rate shifted by +0.0012 (+0.12%).

2017 Avg (March) 1.0007
2016 Avg (March) 0.9995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0084 0.9941 1.0025
February 1.0070 0.9829 0.9978
March 1.0339 0.9876 1.0007
April 1.0148 0.9815 0.9975
May 1.0144 0.9843 1.0004
June 1.0172 0.9879 1.0013
July 1.0165 0.9788 0.9992
August 1.0106 0.9873 1.0004
September 1.0079 0.9915 1.0011
October 1.0279 0.9931 1.0006
November 1.0176 0.9789 0.9987
December 1.0091 0.9768 0.9957