2017 ZAR to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ZAR to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ZAR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 89.9730. Conversely, the yearly low was recorded on November 24, dropping to 76.7468.
This high-to-low spread represents a total annual volatility of 13.2262 KRW. From a start-to-finish perspective, comparing the January average rate of 87.0203 to the December average rate of 82.8698, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 89.9730 was up 1.39% compared to the 2016 peak of 88.7390, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ZAR to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 86.4151, compared to 83.6433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7718 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 8.7823 KRW (High: 87.6037 / Low: 78.8214). On the other end, June was the most stable month, with a tight range of 1.7822 KRW (High: 88.6459 / Low: 86.8637).
Growth Streaks & Declines
TrendsBetween April and June, 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 October and November, when the average rate fell by 4.5088 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 87.7682) against the same month in 2016 (average: 77.0931), the exchange rate shifted by +10.6751 (+13.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.0698 | 85.3330 | 87.0203 |
| February | 88.3051 | 85.0543 | 86.6737 |
| March | 89.9730 | 83.0816 | 87.7682 |
| April | 87.2932 | 81.5100 | 84.4197 |
| May | 87.2814 | 83.2506 | 84.9318 |
| June | 88.6459 | 86.8637 | 87.6768 |
| July | 87.7109 | 84.8211 | 86.3728 |
| August | 86.6223 | 84.0689 | 85.4602 |
| September | 88.4458 | 84.4323 | 86.1315 |
| October | 84.9231 | 79.1498 | 82.7671 |
| November | 79.5637 | 76.7468 | 78.2583 |
| December | 87.6037 | 78.8214 | 82.8698 |