2017 ZAR to HKD Historical Review

YEARLY HIGH

0.6368 HKD

YEARLY LOW

0.5390 HKD

YEARLY AVERAGE

0.5862 HKD

2017 ZAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6368. Conversely, the yearly low was recorded on November 13, dropping to 0.5390.

This high-to-low spread represents a total annual volatility of 0.0977 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5711 to the December average rate of 0.5979, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6368 was up 9.03% compared to the 2016 peak of 0.5840, 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 31,839 HKD

2016 Average 26,485 HKD

Yearly Trough Low 26,952 HKD

Transaction Impact: A difference of 4,886.69 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6099

0.5489

JanuMarcMayJulySeptNove

ZAR to HKD 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 0.5888, compared to 0.5836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.5888

H2 Avg (Jul–Dec) 0.5836

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0693 HKD (High: 0.6368 / Low: 0.5675). On the other end, June was the most stable month, with a tight range of 0.0211 HKD (High: 0.6173 / Low: 0.5962).

December Spread (Volatile) ±0.0693

June Spread (Stable) ±0.0211

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 0.0240 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5979) against the same month in 2016 (average: 0.5597), the exchange rate shifted by +0.0382 (+6.82%).

2017 Avg (December) 0.5979

2016 Avg (December) 0.5597

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5859	0.5619	0.5711
February	0.6028	0.5763	0.5890
March	0.6261	0.5775	0.6011
April	0.5982	0.5579	0.5789
May	0.6073	0.5704	0.5876
June	0.6173	0.5962	0.6048
July	0.6050	0.5767	0.5951
August	0.6018	0.5796	0.5907
September	0.6111	0.5750	0.5940
October	0.5885	0.5478	0.5699
November	0.5714	0.5390	0.5540
December	0.6368	0.5675	0.5979