YEARLY HIGH
0.0246 KWD
YEARLY LOW
0.0209 KWD
YEARLY AVERAGE
0.0228 KWD

2017 ZAR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0246. Conversely, the yearly low was recorded on November 13, dropping to 0.0209.

This high-to-low spread represents a total annual volatility of 0.0037 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0225 to the December average rate of 0.0231, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0246 was up 8.02% compared to the 2016 peak of 0.0228, 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 1,231 KWD
2016 Average 1,031 KWD
Yearly Trough Low 1,044 KWD
Transaction Impact: A difference of 187.28 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0238
0.0212
JanuMarcMayJulySeptNove

ZAR to KWD 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 0.0231, compared to 0.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0231
H2 Avg (Jul–Dec) 0.0226

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0027 KWD (High: 0.0246 / Low: 0.0219). On the other end, August was the most stable month, with a tight range of 0.0008 KWD (High: 0.0232 / Low: 0.0224).

December Spread (Volatile) ±0.0027
August Spread (Stable) ±0.0008

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0231) against the same month in 2016 (average: 0.0220), the exchange rate shifted by +0.0011 (+4.84%).

2017 Avg (December) 0.0231
2016 Avg (December) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0222 0.0225
February 0.0237 0.0226 0.0232
March 0.0246 0.0226 0.0236
April 0.0234 0.0220 0.0227
May 0.0236 0.0223 0.0229
June 0.0240 0.0232 0.0235
July 0.0234 0.0224 0.0231
August 0.0232 0.0224 0.0228
September 0.0235 0.0222 0.0229
October 0.0228 0.0212 0.0221
November 0.0221 0.0209 0.0214
December 0.0246 0.0219 0.0231