YEARLY HIGH
128.8574 CDF
YEARLY LOW
84.2839 CDF
YEARLY AVERAGE
109.5899 CDF

2017 ZAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 128.8574. Conversely, the yearly low was recorded on January 3, dropping to 84.2839.

This high-to-low spread represents a total annual volatility of 44.5735 CDF. From a start-to-finish perspective, comparing the January average rate of 89.4086 to the December average rate of 120.7486, the exchange rate registered a net change of 35.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 128.8574 was up 50.21% compared to the 2016 peak of 85.7855, 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 6,442,870 CDF
2016 Average 3,310,697 CDF
Yearly Trough Low 4,214,196 CDF
Transaction Impact: A difference of 2,228,673.23 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

123.8825
86.2746
JanuMarcMayJulySeptNove

ZAR to CDF 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 101.8347, compared to 117.3450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.5103 points.

H1 Avg (Jan–Jun) 101.8347
H2 Avg (Jul–Dec) 117.3450

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 14.8371 CDF (High: 128.8574 / Low: 114.0203). On the other end, June was the most stable month, with a tight range of 4.5509 CDF (High: 115.3546 / Low: 110.8037).

December Spread (Volatile) ±14.8371
June Spread (Stable) ±4.5509

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.1193 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.1193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 120.7486) against the same month in 2016 (average: 84.0245), the exchange rate shifted by +36.7240 (+43.71%).

2017 Avg (December) 120.7486
2016 Avg (December) 84.0245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.9878 84.2839 89.4086
February 100.8427 92.2923 96.6168
March 108.4916 99.4644 102.9557
April 107.0156 98.1436 102.5607
May 111.0215 102.5457 106.7210
June 115.3546 110.8037 112.7457
July 125.0534 111.8777 118.5130
August 124.0415 117.6113 120.2656
September 121.5625 115.0850 118.5754
October 118.3466 110.0276 114.4561
November 114.8064 107.9905 111.5116
December 128.8574 114.0203 120.7486