YEARLY HIGH
0.2966 QAR
YEARLY LOW
0.2557 QAR
YEARLY AVERAGE
0.2765 QAR

2017 ZAR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2966. Conversely, the yearly low was recorded on October 26, dropping to 0.2557.

This high-to-low spread represents a total annual volatility of 0.0409 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2681 to the December average rate of 0.2807, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2966 was up 8.15% compared to the 2016 peak of 0.2742, 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 14,830 QAR
2016 Average 12,424 QAR
Yearly Trough Low 12,787 QAR
Transaction Impact: A difference of 2,043.66 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2869
0.2664
JanuMarcMayJulySeptNove

ZAR to QAR 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 0.2762, compared to 0.2769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2762
H2 Avg (Jul–Dec) 0.2769

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0287 QAR (High: 0.2966 / Low: 0.2679). On the other end, January was the most stable month, with a tight range of 0.0112 QAR (High: 0.2750 / Low: 0.2638).

December Spread (Volatile) ±0.0287
January Spread (Stable) ±0.0112

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 0.0107 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.2807) against the same month in 2016 (average: 0.2627), the exchange rate shifted by +0.0180 (+6.85%).

2017 Avg (December) 0.2807
2016 Avg (December) 0.2627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2750 0.2638 0.2681
February 0.2829 0.2704 0.2764
March 0.2935 0.2706 0.2819
April 0.2801 0.2614 0.2712
May 0.2839 0.2669 0.2748
June 0.2947 0.2811 0.2852
July 0.2858 0.2712 0.2795
August 0.2838 0.2699 0.2764
September 0.2890 0.2736 0.2814
October 0.2841 0.2557 0.2731
November 0.2804 0.2621 0.2701
December 0.2966 0.2679 0.2807