YEARLY HIGH
0.3110 TRY
YEARLY LOW
0.2557 TRY
YEARLY AVERAGE
0.2741 TRY

2017 ZAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.3110. Conversely, the yearly low was recorded on January 1, dropping to 0.2557.

This high-to-low spread represents a total annual volatility of 0.0553 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2756 to the December average rate of 0.2937, the exchange rate registered a net change of 6.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3110 was up 20.17% compared to the 2016 peak of 0.2588, 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 15,552 TRY
2016 Average 10,336 TRY
Yearly Trough Low 12,785 TRY
Transaction Impact: A difference of 2,767.49 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2966
0.2608
JanuMarcMayJulySeptNove

ZAR to TRY 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 0.2753, compared to 0.2730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.2753
H2 Avg (Jul–Dec) 0.2730

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0338 TRY (High: 0.2895 / Low: 0.2557). On the other end, August was the most stable month, with a tight range of 0.0056 TRY (High: 0.2677 / Low: 0.2621).

January Spread (Volatile) ±0.0338
August Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0125 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.2937) against the same month in 2016 (average: 0.2527), the exchange rate shifted by +0.0410 (+16.21%).

2017 Avg (December) 0.2937
2016 Avg (December) 0.2527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2895 0.2557 0.2756
February 0.2832 0.2746 0.2779
March 0.2914 0.2709 0.2842
April 0.2783 0.2655 0.2717
May 0.2788 0.2605 0.2692
June 0.2775 0.2689 0.2729
July 0.2743 0.2670 0.2709
August 0.2677 0.2621 0.2648
September 0.2678 0.2611 0.2638
October 0.2741 0.2617 0.2686
November 0.2901 0.2674 0.2763
December 0.3110 0.2806 0.2937