2017 ZAR to HNL Historical Review

YEARLY HIGH

1.9270 HNL

YEARLY LOW

1.6342 HNL

YEARLY AVERAGE

1.7655 HNL

2017 ZAR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.9270. Conversely, the yearly low was recorded on November 14, dropping to 1.6342.

This high-to-low spread represents a total annual volatility of 0.2927 HNL. From a start-to-finish perspective, comparing the January average rate of 1.7194 to the December average rate of 1.8087, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9270 was up 12.11% compared to the 2016 peak of 1.7189, 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 96,349 HNL

2016 Average 77,709 HNL

Yearly Trough Low 81,712 HNL

Transaction Impact: A difference of 14,637.44 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8329

1.6614

JanuMarcMayJulySeptNove

ZAR to HNL 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 1.7763, compared to 1.7547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 1.7763

H2 Avg (Jul–Dec) 1.7547

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.2097 HNL (High: 1.9270 / Low: 1.7173). On the other end, June was the most stable month, with a tight range of 0.0777 HNL (High: 1.8574 / Low: 1.7797).

December Spread (Volatile) ±0.2097

June Spread (Stable) ±0.0777

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 0.0729 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0729

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.8087) against the same month in 2016 (average: 1.6826), the exchange rate shifted by +0.1261 (+7.50%).

2017 Avg (December) 1.8087

2016 Avg (December) 1.6826

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7843	1.6638	1.7194
February	1.8258	1.7431	1.7873
March	1.8969	1.7417	1.8186
April	1.8020	1.6850	1.7457
May	1.8302	1.7140	1.7698
June	1.8574	1.7797	1.8169
July	1.8160	1.7313	1.7833
August	1.8062	1.7210	1.7631
September	1.8279	1.7222	1.7813
October	1.7680	1.6509	1.7158
November	1.7364	1.6342	1.6757
December	1.9270	1.7173	1.8087