YEARLY HIGH
0.7082 SEK
YEARLY LOW
0.5796 SEK
YEARLY AVERAGE
0.6427 SEK

2017 ZAR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.7082. Conversely, the yearly low was recorded on November 13, dropping to 0.5796.

This high-to-low spread represents a total annual volatility of 0.1286 SEK. From a start-to-finish perspective, comparing the January average rate of 0.6587 to the December average rate of 0.6411, the exchange rate registered a net change of -2.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7082 was up 4.72% compared to the 2016 peak of 0.6762, 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 35,409 SEK
2016 Average 29,241 SEK
Yearly Trough Low 28,979 SEK
Transaction Impact: A difference of 6,429.81 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6995
0.5852
JanuMarcMayJulySeptNove

ZAR to SEK 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 0.6714, compared to 0.6141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0572 points.

H1 Avg (Jan–Jun) 0.6714
H2 Avg (Jul–Dec) 0.6141

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0662 SEK (High: 0.6741 / Low: 0.6079). On the other end, August was the most stable month, with a tight range of 0.0149 SEK (High: 0.6167 / Low: 0.6018).

December Spread (Volatile) ±0.0662
August Spread (Stable) ±0.0149

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 0.0399 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.6900) against the same month in 2016 (average: 0.5433), the exchange rate shifted by +0.1467 (+27.00%).

2017 Avg (March) 0.6900
2016 Avg (March) 0.5433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6684 0.6487 0.6587
February 0.6992 0.6499 0.6765
March 0.7082 0.6639 0.6900
April 0.6858 0.6516 0.6675
May 0.6771 0.6474 0.6622
June 0.6892 0.6437 0.6732
July 0.6451 0.6133 0.6333
August 0.6167 0.6018 0.6103
September 0.6225 0.5968 0.6082
October 0.6118 0.5828 0.5971
November 0.6124 0.5796 0.5947
December 0.6741 0.6079 0.6411