2017 ZAR to NOK Historical Review

YEARLY HIGH

0.6821 NOK

YEARLY LOW

0.5646 NOK

YEARLY AVERAGE

0.6220 NOK

2017 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.6821. Conversely, the yearly low was recorded on November 13, dropping to 0.5646.

This high-to-low spread represents a total annual volatility of 0.1175 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6232 to the December average rate of 0.6360, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6821 was up 7.88% compared to the 2016 peak of 0.6323, 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 34,106 NOK

2016 Average 28,640 NOK

Yearly Trough Low 28,231 NOK

Transaction Impact: A difference of 5,874.20 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6661

0.5730

JanuMarcMayJulySeptNove

ZAR to NOK 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 0.6419, compared to 0.6022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 0.6419

H2 Avg (Jul–Dec) 0.6022

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0709 NOK (High: 0.6736 / Low: 0.6027). On the other end, August was the most stable month, with a tight range of 0.0132 NOK (High: 0.6015 / Low: 0.5882).

December Spread (Volatile) ±0.0709

August Spread (Stable) ±0.0132

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 June and July, when the average rate fell by 0.0347 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.6584) against the same month in 2016 (average: 0.5513), the exchange rate shifted by +0.1070 (+19.41%).

2017 Avg (March) 0.6584

2016 Avg (March) 0.5513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6310	0.6117	0.6232
February	0.6481	0.6115	0.6323
March	0.6821	0.6362	0.6584
April	0.6609	0.6191	0.6400
May	0.6538	0.6302	0.6413
June	0.6673	0.6374	0.6561
July	0.6386	0.5980	0.6213
August	0.6015	0.5882	0.5957
September	0.6089	0.5854	0.5953
October	0.5946	0.5686	0.5839
November	0.6061	0.5646	0.5808
December	0.6736	0.6027	0.6360