YEARLY HIGH
0.1675 FJD
YEARLY LOW
0.1430 FJD
YEARLY AVERAGE
0.1549 FJD

2017 ZAR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1675. Conversely, the yearly low was recorded on November 11, dropping to 0.1430.

This high-to-low spread represents a total annual volatility of 0.0245 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1533 to the December average rate of 0.1580, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1675 was up 7.67% compared to the 2016 peak of 0.1556, 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 8,376 FJD
2016 Average 7,112 FJD
Yearly Trough Low 7,152 FJD
Transaction Impact: A difference of 1,224.55 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1621
0.1458
JanuMarcMayJulySeptNove

ZAR to FJD 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 0.1573, compared to 0.1525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.1573
H2 Avg (Jul–Dec) 0.1525

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0168 FJD (High: 0.1675 / Low: 0.1507). On the other end, January was the most stable month, with a tight range of 0.0043 FJD (High: 0.1556 / Low: 0.1513).

December Spread (Volatile) ±0.0168
January Spread (Stable) ±0.0043

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 0.0056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1580) against the same month in 2016 (average: 0.1517), the exchange rate shifted by +0.0063 (+4.13%).

2017 Avg (December) 0.1580
2016 Avg (December) 0.1517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1556 0.1513 0.1533
February 0.1606 0.1534 0.1562
March 0.1662 0.1546 0.1608
April 0.1599 0.1505 0.1552
May 0.1621 0.1544 0.1581
June 0.1642 0.1559 0.1599
July 0.1575 0.1522 0.1548
August 0.1565 0.1487 0.1524
September 0.1572 0.1493 0.1533
October 0.1533 0.1456 0.1495
November 0.1523 0.1430 0.1471
December 0.1675 0.1507 0.1580