YEARLY HIGH
29.0152 MRO
YEARLY LOW
24.5105 MRO
YEARLY AVERAGE
27.0760 MRO

2017 ZAR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 29.0152. Conversely, the yearly low was recorded on November 13, dropping to 24.5105.

This high-to-low spread represents a total annual volatility of 4.5047 MRO. From a start-to-finish perspective, comparing the January average rate of 26.4060 to the December average rate of 27.1900, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 29.0152 was up 7.67% compared to the 2016 peak of 26.9488, 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 1,450,761 MRO
2016 Average 1,198,727 MRO
Yearly Trough Low 1,225,525 MRO
Transaction Impact: A difference of 225,236.15 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

28.2178
24.9098
JanuMarcMayJulySeptNove

ZAR to MRO 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 27.2318, compared to 26.9202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3117 points.

H1 Avg (Jan–Jun) 27.2318
H2 Avg (Jul–Dec) 26.9202

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 3.1427 MRO (High: 28.9593 / Low: 25.8166). On the other end, January was the most stable month, with a tight range of 1.1297 MRO (High: 27.1009 / Low: 25.9713).

December Spread (Volatile) ±3.1427
January Spread (Stable) ±1.1297

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 1.4016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 27.8094) against the same month in 2016 (average: 22.3827), the exchange rate shifted by +5.4266 (+24.24%).

2017 Avg (March) 27.8094
2016 Avg (March) 22.3827

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.1009 25.9713 26.4060
February 27.8770 26.6204 27.2514
March 29.0152 26.7611 27.8094
April 27.6404 25.9179 26.8197
May 28.2149 26.2669 27.1625
June 28.6945 27.4704 27.9422
July 28.1277 26.6233 27.5473
August 28.1890 26.8404 27.4560
September 28.5435 26.8538 27.7721
October 27.5514 24.9554 26.3704
November 26.0765 24.5105 25.1854
December 28.9593 25.8166 27.1900