YEARLY HIGH
0.5538 DKK
YEARLY LOW
0.4386 DKK
YEARLY AVERAGE
0.4963 DKK

2017 ZAR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.5538. Conversely, the yearly low was recorded on November 15, dropping to 0.4386.

This high-to-low spread represents a total annual volatility of 0.1152 DKK. From a start-to-finish perspective, comparing the January average rate of 0.5150 to the December average rate of 0.4809, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5538 was up 6.99% compared to the 2016 peak of 0.5176, 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 27,691 DKK
2016 Average 22,967 DKK
Yearly Trough Low 21,929 DKK
Transaction Impact: A difference of 5,762.10 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5470
0.4409
JanuMarcMayJulySeptNove

ZAR to DKK 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 0.5203, compared to 0.4724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0479 points.

H1 Avg (Jan–Jun) 0.5203
H2 Avg (Jul–Dec) 0.4724

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0548 DKK (High: 0.5100 / Low: 0.4552). On the other end, January was the most stable month, with a tight range of 0.0125 DKK (High: 0.5224 / Low: 0.5098).

December Spread (Volatile) ±0.0548
January Spread (Stable) ±0.0125

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 June and July, when the average rate fell by 0.0223 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.5381) against the same month in 2016 (average: 0.4361), the exchange rate shifted by +0.1021 (+23.41%).

2017 Avg (March) 0.5381
2016 Avg (March) 0.4361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5224 0.5098 0.5150
February 0.5456 0.5130 0.5304
March 0.5538 0.5172 0.5381
April 0.5283 0.5037 0.5169
May 0.5191 0.4963 0.5076
June 0.5250 0.4967 0.5136
July 0.5002 0.4775 0.4913
August 0.4807 0.4663 0.4753
September 0.4872 0.4644 0.4747
October 0.4747 0.4469 0.4625
November 0.4596 0.4386 0.4497
December 0.5100 0.4552 0.4809