YEARLY HIGH
0.7130 SVC
YEARLY LOW
0.6038 SVC
YEARLY AVERAGE
0.6580 SVC

2017 ZAR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.7130. Conversely, the yearly low was recorded on November 13, dropping to 0.6038.

This high-to-low spread represents a total annual volatility of 0.1092 SVC. From a start-to-finish perspective, comparing the January average rate of 0.6442 to the December average rate of 0.6698, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7130 was up 8.20% compared to the 2016 peak of 0.6590, 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 35,652 SVC
2016 Average 29,837 SVC
Yearly Trough Low 30,192 SVC
Transaction Impact: A difference of 5,460.20 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6838
0.6151
JanuMarcMayJulySeptNove

ZAR to SVC 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 0.6625, compared to 0.6535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.6625
H2 Avg (Jul–Dec) 0.6535

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0772 SVC (High: 0.7130 / Low: 0.6359). On the other end, June was the most stable month, with a tight range of 0.0258 SVC (High: 0.6927 / Low: 0.6670).

December Spread (Volatile) ±0.0772
June Spread (Stable) ±0.0258

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 September and October, when the average rate fell by 0.0265 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.6698) against the same month in 2016 (average: 0.6311), the exchange rate shifted by +0.0387 (+6.13%).

2017 Avg (December) 0.6698
2016 Avg (December) 0.6311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6611 0.6332 0.6442
February 0.6793 0.6503 0.6643
March 0.7058 0.6502 0.6767
April 0.6716 0.6284 0.6522
May 0.6844 0.6382 0.6597
June 0.6927 0.6670 0.6781
July 0.6778 0.6459 0.6658
August 0.6769 0.6452 0.6601
September 0.6837 0.6443 0.6657
October 0.6599 0.6147 0.6392
November 0.6423 0.6038 0.6208
December 0.7130 0.6359 0.6698