YEARLY HIGH
1.1441 SCR
YEARLY LOW
0.9461 SCR
YEARLY AVERAGE
1.0216 SCR

2017 ZAR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.1441. Conversely, the yearly low was recorded on January 3, dropping to 0.9461.

This high-to-low spread represents a total annual volatility of 0.1980 SCR. From a start-to-finish perspective, comparing the January average rate of 0.9851 to the December average rate of 1.0660, the exchange rate registered a net change of 8.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1441 was up 13.51% compared to the 2016 peak of 1.0079, 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 57,203 SCR
2016 Average 45,284 SCR
Yearly Trough Low 47,304 SCR
Transaction Impact: A difference of 9,898.74 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0745
0.9723
JanuMarcMayJulySeptNove

ZAR to SCR 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 1.0198, compared to 1.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 1.0198
H2 Avg (Jul–Dec) 1.0233

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1692 SCR (High: 1.1441 / Low: 0.9749). On the other end, September was the most stable month, with a tight range of 0.0540 SCR (High: 1.0647 / Low: 1.0108).

December Spread (Volatile) ±0.1692
September Spread (Stable) ±0.0540

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 0.0385 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.0660) against the same month in 2016 (average: 0.9658), the exchange rate shifted by +0.1002 (+10.38%).

2017 Avg (December) 1.0660
2016 Avg (December) 0.9658

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0208 0.9461 0.9851
February 1.0529 0.9815 1.0209
March 1.1003 1.0004 1.0424
April 1.0430 0.9545 1.0039
May 1.0601 0.9881 1.0220
June 1.0794 1.0115 1.0448
July 1.0626 0.9823 1.0317
August 1.0478 0.9776 1.0254
September 1.0647 1.0108 1.0359
October 1.0320 0.9712 1.0002
November 1.0207 0.9515 0.9808
December 1.1441 0.9749 1.0660