2017 ZAR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ZAR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ZAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 143.1182. Conversely, the yearly low was recorded on November 13, dropping to 121.1142.
This high-to-low spread represents a total annual volatility of 22.0040 BIF. From a start-to-finish perspective, comparing the January average rate of 123.7052 to the December average rate of 134.5790, the exchange rate registered a net change of 8.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 143.1182 was up 13.72% compared to the 2016 peak of 125.8568, 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 BIF 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 128.6977, compared to 130.4481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7504 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 15.5450 BIF (High: 143.1182 / Low: 127.5732). On the other end, June was the most stable month, with a tight range of 4.8926 BIF (High: 136.6255 / Low: 131.7328).
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 March and April, when the average rate fell by 4.9160 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 134.5790) against the same month in 2016 (average: 120.8638), the exchange rate shifted by +13.7152 (+11.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 126.9954 | 121.1164 | 123.7052 |
| February | 131.7631 | 125.8201 | 128.5236 |
| March | 136.8924 | 126.2133 | 131.3071 |
| April | 130.0491 | 122.7692 | 126.3912 |
| May | 133.2876 | 124.2524 | 128.5219 |
| June | 136.6255 | 131.7328 | 133.7372 |
| July | 133.8903 | 127.1564 | 131.4582 |
| August | 134.4340 | 128.3909 | 131.3007 |
| September | 136.0192 | 127.9324 | 132.7011 |
| October | 132.1260 | 123.9009 | 128.0512 |
| November | 128.5823 | 121.1142 | 124.5983 |
| December | 143.1182 | 127.5732 | 134.5790 |