YEARLY HIGH
2.5111 NIO
YEARLY LOW
2.1177 NIO
YEARLY AVERAGE
2.2556 NIO

2017 ZAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.5111. Conversely, the yearly low was recorded on January 8, dropping to 2.1177.

This high-to-low spread represents a total annual volatility of 0.3933 NIO. From a start-to-finish perspective, comparing the January average rate of 2.1651 to the December average rate of 2.3589, the exchange rate registered a net change of 8.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.5111 was up 14.38% compared to the 2016 peak of 2.1953, 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 125,553 NIO
2016 Average 97,653 NIO
Yearly Trough Low 105,887 NIO
Transaction Impact: A difference of 19,665.53 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3783
2.1457
JanuMarcMayJulySeptNove

ZAR to NIO 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 2.2419, compared to 2.2693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 2.2419
H2 Avg (Jul–Dec) 2.2693

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.2715 NIO (High: 2.5111 / Low: 2.2395). On the other end, February was the most stable month, with a tight range of 0.1072 NIO (High: 2.2983 / Low: 2.1911).

December Spread (Volatile) ±0.2715
February Spread (Stable) ±0.1072

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 0.0830 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.3589) against the same month in 2016 (average: 2.1134), the exchange rate shifted by +0.2455 (+11.62%).

2017 Avg (December) 2.3589
2016 Avg (December) 2.1134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2288 2.1177 2.1651
February 2.2983 2.1911 2.2402
March 2.3870 2.1988 2.2886
April 2.2703 2.1294 2.2056
May 2.3307 2.1755 2.2434
June 2.3668 2.2585 2.3087
July 2.3249 2.2163 2.2838
August 2.3103 2.1975 2.2592
September 2.3825 2.2353 2.3044
October 2.2917 2.1545 2.2273
November 2.2590 2.1222 2.1817
December 2.5111 2.2395 2.3589