YEARLY HIGH
0.5535 CNY
YEARLY LOW
0.4588 CNY
YEARLY AVERAGE
0.5084 CNY

2017 ZAR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.5535. Conversely, the yearly low was recorded on November 13, dropping to 0.4588.

This high-to-low spread represents a total annual volatility of 0.0947 CNY. From a start-to-finish perspective, comparing the January average rate of 0.5079 to the December average rate of 0.5044, the exchange rate registered a net change of -0.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5535 was up 8.08% compared to the 2016 peak of 0.5121, 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 27,674 CNY
2016 Average 22,681 CNY
Yearly Trough Low 22,939 CNY
Transaction Impact: A difference of 4,735.04 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5400
0.4636
JanuMarcMayJulySeptNove

ZAR to CNY 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 0.5206, compared to 0.4962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0244 points.

H1 Avg (Jan–Jun) 0.5206
H2 Avg (Jul–Dec) 0.4962

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0531 CNY (High: 0.5344 / Low: 0.4812). On the other end, August was the most stable month, with a tight range of 0.0167 CNY (High: 0.5107 / Low: 0.4940).

December Spread (Volatile) ±0.0531
August Spread (Stable) ±0.0167

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 0.0207 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.5336) against the same month in 2016 (average: 0.4235), the exchange rate shifted by +0.1101 (+26.00%).

2017 Avg (March) 0.5336
2016 Avg (March) 0.4235

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5199 0.5017 0.5079
February 0.5335 0.5111 0.5217
March 0.5535 0.5120 0.5336
April 0.5285 0.4957 0.5129
May 0.5345 0.5054 0.5194
June 0.5375 0.5175 0.5281
July 0.5239 0.5021 0.5159
August 0.5107 0.4940 0.5038
September 0.5093 0.4891 0.4992
October 0.4959 0.4664 0.4840
November 0.4836 0.4588 0.4700
December 0.5344 0.4812 0.5044