2017 ZAR to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |