2017 ZAR to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ZAR to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ZAR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 5.6818. Conversely, the yearly low was recorded on November 13, dropping to 4.7429.
This high-to-low spread represents a total annual volatility of 0.9390 AFN. From a start-to-finish perspective, comparing the January average rate of 4.9142 to the December average rate of 5.2987, the exchange rate registered a net change of 7.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 5.6818 was up 11.78% compared to the 2016 peak of 5.0830, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ZAR to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.0971, compared to 5.1235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0263 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 0.6808 AFN (High: 5.6818 / Low: 5.0011). On the other end, January was the most stable month, with a tight range of 0.1927 AFN (High: 5.0338 / Low: 4.8411).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.2246 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 5.2987) against the same month in 2016 (average: 4.7931), the exchange rate shifted by +0.5056 (+10.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.0338 | 4.8411 | 4.9142 |
| February | 5.1865 | 4.9613 | 5.0714 |
| March | 5.3794 | 4.9599 | 5.1630 |
| April | 5.1878 | 4.8393 | 5.0219 |
| May | 5.3232 | 4.9583 | 5.1309 |
| June | 5.3908 | 5.1823 | 5.2813 |
| July | 5.3097 | 5.0453 | 5.2010 |
| August | 5.2692 | 5.0444 | 5.1699 |
| September | 5.3456 | 5.0535 | 5.2118 |
| October | 5.1426 | 4.7972 | 4.9872 |
| November | 5.0366 | 4.7429 | 4.8722 |
| December | 5.6818 | 5.0011 | 5.2987 |