YEARLY HIGH
754.0727 GNF
YEARLY LOW
622.8373 GNF
YEARLY AVERAGE
686.4748 GNF

2017 ZAR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 754.0727. Conversely, the yearly low was recorded on November 13, dropping to 622.8373.

This high-to-low spread represents a total annual volatility of 131.2355 GNF. From a start-to-finish perspective, comparing the January average rate of 689.6486 to the December average rate of 690.1075, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 754.0727 was up 9.12% compared to the 2016 peak of 691.0751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 37,703,637 GNF
2016 Average 28,667,233 GNF
Yearly Trough Low 31,141,863 GNF
Transaction Impact: A difference of 6,561,774.34 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

730.3708
631.7123
JanuMarcMayJulySeptNove

ZAR to GNF 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 701.5058, compared to 671.4438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.0620 points.

H1 Avg (Jan–Jun) 701.5058
H2 Avg (Jul–Dec) 671.4438

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 80.1331 GNF (High: 735.4411 / Low: 655.3080). On the other end, August was the most stable month, with a tight range of 28.4755 GNF (High: 689.8456 / Low: 661.3701).

December Spread (Volatile) ±80.1331
August Spread (Stable) ±28.4755

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 31.6627 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -31.6627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 722.1493) against the same month in 2016 (average: 495.9247), the exchange rate shifted by +226.2246 (+45.62%).

2017 Avg (March) 722.1493
2016 Avg (March) 495.9247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 709.4584 670.4883 689.6486
February 728.8257 691.8207 711.7207
March 754.0727 687.2325 722.1493
April 713.9076 659.0769 690.4865
May 714.4741 675.8340 691.6446
June 722.3102 688.9308 703.3852
July 696.8209 668.1216 686.4396
August 689.8456 661.3701 674.7000
September 700.8099 659.8194 681.6754
October 673.9989 632.8478 655.8064
November 662.6074 622.8373 639.9339
December 735.4411 655.3080 690.1075