2017 ZAR to STD Historical Review

YEARLY HIGH

1826.2604 STD

YEARLY LOW

1441.3040 STD

YEARLY AVERAGE

1635.1894 STD

2017 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 1826.2604. Conversely, the yearly low was recorded on November 11, dropping to 1441.3040.

This high-to-low spread represents a total annual volatility of 384.9564 STD. From a start-to-finish perspective, comparing the January average rate of 1699.1662 to the December average rate of 1582.8013, the exchange rate registered a net change of -6.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1826.2604 was up 6.51% compared to the 2016 peak of 1714.6539, 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 91,313,019 STD

2016 Average 75,576,916 STD

Yearly Trough Low 72,065,200 STD

Transaction Impact: A difference of 19,247,818.56 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1803.6502

1446.5073

JanuMarcMayJulySeptNove

ZAR to STD 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 1715.3831, compared to 1554.9957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 160.3874 points.

H1 Avg (Jan–Jun) 1715.3831

H2 Avg (Jul–Dec) 1554.9957

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 183.8037 STD (High: 1681.7382 / Low: 1497.9345). On the other end, January was the most stable month, with a tight range of 41.0891 STD (High: 1721.3364 / Low: 1680.2472).

December Spread (Volatile) ±183.8037

January Spread (Stable) ±41.0891

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 73.1817 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -73.1817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1773.8883) against the same month in 2016 (average: 1435.1542), the exchange rate shifted by +338.7341 (+23.60%).

2017 Avg (March) 1773.8883

2016 Avg (March) 1435.1542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1721.3364	1680.2472	1699.1662
February	1804.6151	1695.3692	1747.7643
March	1826.2604	1695.2654	1773.8883
April	1745.8223	1661.0564	1704.0185
May	1709.8641	1643.2989	1674.2370
June	1732.2751	1640.5468	1693.2240
July	1648.8297	1577.9890	1620.0423
August	1588.0966	1536.7604	1566.8290
September	1607.1725	1531.5743	1563.1638
October	1561.8799	1469.5141	1520.8684
November	1511.8188	1441.3040	1476.2692
December	1681.7382	1497.9345	1582.8013