YEARLY HIGH
46.2349 CRC
YEARLY LOW
39.2955 CRC
YEARLY AVERAGE
42.5673 CRC

2017 ZAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 46.2349. Conversely, the yearly low was recorded on November 13, dropping to 39.2955.

This high-to-low spread represents a total annual volatility of 6.9394 CRC. From a start-to-finish perspective, comparing the January average rate of 40.5863 to the December average rate of 43.3083, the exchange rate registered a net change of 6.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 46.2349 was up 10.92% compared to the 2016 peak of 41.6817, 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 2,311,743 CRC
2016 Average 1,855,706 CRC
Yearly Trough Low 1,964,775 CRC
Transaction Impact: A difference of 346,968.28 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

44.4317
39.9482
JanuMarcMayJulySeptNove

ZAR to CRC 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 42.4223, compared to 42.7122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2898 points.

H1 Avg (Jan–Jun) 42.4223
H2 Avg (Jul–Dec) 42.7122

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 5.4996 CRC (High: 46.2349 / Low: 40.7352). On the other end, January was the most stable month, with a tight range of 1.7271 CRC (High: 41.6335 / Low: 39.9064).

May Spread (Volatile) ±5.4996
January Spread (Stable) ±1.7271

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 September and October, when the average rate fell by 2.1167 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.1167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 42.9395) against the same month in 2016 (average: 35.0785), the exchange rate shifted by +7.8610 (+22.41%).

2017 Avg (May) 42.9395
2016 Avg (May) 35.0785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.6335 39.9064 40.5863
February 43.6620 41.0225 42.2359
March 44.8191 41.3297 43.1753
April 42.7548 40.0460 41.5389
May 46.2349 40.7352 42.9395
June 45.0868 43.2692 44.0581
July 44.5091 41.6949 43.5383
August 44.5136 42.7053 43.5127
September 45.0632 42.1948 43.8543
October 43.1841 40.0216 41.7377
November 41.4939 39.2955 40.3218
December 46.0923 41.1622 43.3083