YEARLY HIGH
0.1460 BAM
YEARLY LOW
0.1153 BAM
YEARLY AVERAGE
0.1305 BAM

2017 ZAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.1460. Conversely, the yearly low was recorded on November 15, dropping to 0.1153.

This high-to-low spread represents a total annual volatility of 0.0307 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1355 to the December average rate of 0.1264, the exchange rate registered a net change of -6.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1460 was up 6.43% compared to the 2016 peak of 0.1372, 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 7,300 BAM
2016 Average 6,035 BAM
Yearly Trough Low 5,764 BAM
Transaction Impact: A difference of 1,535.48 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1440
0.1159
JanuMarcMayJulySeptNove

ZAR to BAM 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 0.1369, compared to 0.1242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.1369
H2 Avg (Jul–Dec) 0.1242

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0146 BAM (High: 0.1340 / Low: 0.1194). On the other end, January was the most stable month, with a tight range of 0.0032 BAM (High: 0.1374 / Low: 0.1342).

December Spread (Volatile) ±0.0146
January Spread (Stable) ±0.0032

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 June and July, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.1416) against the same month in 2016 (average: 0.1144), the exchange rate shifted by +0.0272 (+23.81%).

2017 Avg (March) 0.1416
2016 Avg (March) 0.1144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1374 0.1342 0.1355
February 0.1438 0.1350 0.1394
March 0.1460 0.1353 0.1416
April 0.1403 0.1328 0.1360
May 0.1363 0.1310 0.1335
June 0.1382 0.1307 0.1352
July 0.1315 0.1264 0.1293
August 0.1271 0.1226 0.1251
September 0.1281 0.1222 0.1248
October 0.1247 0.1163 0.1215
November 0.1208 0.1153 0.1183
December 0.1340 0.1194 0.1264