YEARLY HIGH
53.2059 CLP
YEARLY LOW
43.5104 CLP
YEARLY AVERAGE
48.8022 CLP

2017 ZAR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 53.2059. Conversely, the yearly low was recorded on November 13, dropping to 43.5104.

This high-to-low spread represents a total annual volatility of 9.6955 CLP. From a start-to-finish perspective, comparing the January average rate of 48.5944 to the December average rate of 48.5571, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 53.2059 was up 8.13% compared to the 2016 peak of 49.2071, 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 2,660,294 CLP
2016 Average 2,305,099 CLP
Yearly Trough Low 2,175,520 CLP
Transaction Impact: A difference of 484,773.91 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

52.2356
44.3139
JanuMarcMayJulySeptNove

ZAR to CLP 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 49.9556, compared to 47.6487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3069 points.

H1 Avg (Jan–Jun) 49.9556
H2 Avg (Jul–Dec) 47.6487

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 4.0455 CLP (High: 53.2059 / Low: 49.1604). On the other end, August was the most stable month, with a tight range of 1.3579 CLP (High: 49.2637 / Low: 47.9058).

March Spread (Volatile) ±4.0455
August Spread (Stable) ±1.3579

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 March and April, when the average rate fell by 2.3633 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.3633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 51.2145) against the same month in 2016 (average: 44.2590), the exchange rate shifted by +6.9555 (+15.72%).

2017 Avg (March) 51.2145
2016 Avg (March) 44.2590

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.3990 47.9343 48.5944
February 50.0046 47.8145 48.8144
March 53.2059 49.1604 51.2145
April 50.6387 46.8318 48.8512
May 52.2922 49.4766 50.6838
June 52.6687 50.7214 51.5755
July 50.9426 49.2100 50.1487
August 49.2637 47.9058 48.6035
September 48.3373 46.6386 47.5720
October 47.0970 44.5834 46.0371
November 47.1505 43.5104 44.9740
December 50.2551 47.0428 48.5571