YEARLY HIGH
1105.3043 IDR
YEARLY LOW
935.1879 IDR
YEARLY AVERAGE
1006.3079 IDR

2017 ZAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1105.3043. Conversely, the yearly low was recorded on November 13, dropping to 935.1879.

This high-to-low spread represents a total annual volatility of 170.1164 IDR. From a start-to-finish perspective, comparing the January average rate of 984.2503 to the December average rate of 1037.0118, the exchange rate registered a net change of 5.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1105.3043 was up 11.56% compared to the 2016 peak of 990.7971, 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 55,265,217 IDR
2016 Average 45,363,333 IDR
Yearly Trough Low 46,759,395 IDR
Transaction Impact: A difference of 8,505,821.96 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1044.8026
951.3139
JanuMarcMayJulySeptNove

ZAR to IDR 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 1009.5124, compared to 1003.1034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4090 points.

H1 Avg (Jan–Jun) 1009.5124
H2 Avg (Jul–Dec) 1003.1034

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 123.0410 IDR (High: 1105.3043 / Low: 982.2633). On the other end, June was the most stable month, with a tight range of 34.9380 IDR (High: 1051.5543 / Low: 1016.6163).

December Spread (Volatile) ±123.0410
June Spread (Stable) ±34.9380

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 42.1523 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -42.1523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1037.0118) against the same month in 2016 (average: 967.5416), the exchange rate shifted by +69.4702 (+7.18%).

2017 Avg (December) 1037.0118
2016 Avg (December) 967.5416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1008.0590 969.3000 984.2503
February 1037.3643 991.5204 1012.1620
March 1073.7169 989.5691 1032.9684
April 1024.0759 954.6122 990.8161
May 1036.4253 976.3675 1005.1365
June 1051.5543 1016.6163 1031.7413
July 1032.6489 988.6865 1016.4383
August 1026.4802 990.1186 1007.7742
September 1041.2993 987.9565 1011.2158
October 1017.6414 950.7968 987.0759
November 988.3103 935.1879 959.1046
December 1105.3043 982.2633 1037.0118