YEARLY HIGH
14.5565 DJF
YEARLY LOW
12.3639 DJF
YEARLY AVERAGE
13.4493 DJF

2017 ZAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 14.5565. Conversely, the yearly low was recorded on November 13, dropping to 12.3639.

This high-to-low spread represents a total annual volatility of 2.1926 DJF. From a start-to-finish perspective, comparing the January average rate of 13.1593 to the December average rate of 13.6792, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.5565 was up 8.84% compared to the 2016 peak of 13.3742, 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 727,823 DJF
2016 Average 606,303 DJF
Yearly Trough Low 618,194 DJF
Transaction Impact: A difference of 109,629.40 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.9845
12.5768
JanuMarcMayJulySeptNove

ZAR to DJF 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 13.5448, compared to 13.3538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1909 points.

H1 Avg (Jan–Jun) 13.5448
H2 Avg (Jul–Dec) 13.3538

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 1.5688 DJF (High: 14.5565 / Low: 12.9877). On the other end, June was the most stable month, with a tight range of 0.4913 DJF (High: 14.1430 / Low: 13.6517).

December Spread (Volatile) ±1.5688
June Spread (Stable) ±0.4913

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 0.5334 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 13.6792) against the same month in 2016 (average: 12.8737), the exchange rate shifted by +0.8056 (+6.26%).

2017 Avg (December) 13.6792
2016 Avg (December) 12.8737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.5133 12.8770 13.1593
February 13.8884 13.2913 13.5804
March 14.4277 13.2863 13.8495
April 13.7528 12.8455 13.3160
May 13.9335 13.1163 13.4963
June 14.1430 13.6517 13.8672
July 13.8621 13.2046 13.6198
August 13.7638 13.2102 13.4838
September 13.9619 13.1640 13.5871
October 13.4606 12.5529 13.0591
November 13.0815 12.3639 12.6941
December 14.5565 12.9877 13.6792