YEARLY HIGH
0.1125 SGD
YEARLY LOW
0.0941 SGD
YEARLY AVERAGE
0.1039 SGD

2017 ZAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.1125. Conversely, the yearly low was recorded on November 13, dropping to 0.0941.

This high-to-low spread represents a total annual volatility of 0.0184 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1053 to the December average rate of 0.1030, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1125 was up 5.73% compared to the 2016 peak of 0.1064, 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 5,626 SGD
2016 Average 4,711 SGD
Yearly Trough Low 4,706 SGD
Transaction Impact: A difference of 919.86 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1100
0.0950
JanuMarcMayJulySeptNove

ZAR to SGD 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 0.1064, compared to 0.1014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1064
H2 Avg (Jul–Dec) 0.1014

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0113 SGD (High: 0.1093 / Low: 0.0980). On the other end, January was the most stable month, with a tight range of 0.0030 SGD (High: 0.1069 / Low: 0.1039).

December Spread (Volatile) ±0.0113
January Spread (Stable) ±0.0030

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 0.0046 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.1088) against the same month in 2016 (average: 0.0893), the exchange rate shifted by +0.0194 (+21.77%).

2017 Avg (March) 0.1088
2016 Avg (March) 0.0893

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1069 0.1039 0.1053
February 0.1098 0.1050 0.1074
March 0.1125 0.1038 0.1088
April 0.1072 0.1008 0.1041
May 0.1078 0.1026 0.1052
June 0.1089 0.1051 0.1073
July 0.1058 0.1020 0.1044
August 0.1043 0.1009 0.1028
September 0.1054 0.1001 0.1026
October 0.1017 0.0961 0.0993
November 0.0986 0.0941 0.0962
December 0.1093 0.0980 0.1030