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