2017 ZAR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ZAR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ZAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 41.9820. Conversely, the yearly low was recorded on April 10, dropping to 15.3883.
This high-to-low spread represents a total annual volatility of 26.5937 SYP. From a start-to-finish perspective, comparing the January average rate of 15.7595 to the December average rate of 39.4086, the exchange rate registered a net change of 150.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 41.9820 was up 160.33% compared to the 2016 peak of 16.1265, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ZAR to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.2303, compared to 33.5699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.3396 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 23.6278 SYP (High: 39.6065 / Low: 15.9787). On the other end, June was the most stable month, with a tight range of 0.5988 SYP (High: 16.9668 / Low: 16.3680).
Growth Streaks & Declines
TrendsBetween 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 1.5433 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 39.4086) against the same month in 2016 (average: 15.4045), the exchange rate shifted by +24.0041 (+155.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1887 | 15.4525 | 15.7595 |
| February | 16.6531 | 15.9192 | 16.2703 |
| March | 17.2572 | 15.9304 | 16.5922 |
| April | 16.4550 | 15.3883 | 15.9599 |
| May | 16.7043 | 15.7217 | 16.1755 |
| June | 16.9668 | 16.3680 | 16.6241 |
| July | 16.6347 | 15.8231 | 16.3403 |
| August | 39.6065 | 15.9787 | 32.3671 |
| September | 40.2195 | 37.9228 | 39.1484 |
| October | 38.8218 | 36.1616 | 37.6051 |
| November | 37.6859 | 35.5843 | 36.5498 |
| December | 41.9820 | 37.4156 | 39.4086 |