YEARLY HIGH
41.9820 SYP
YEARLY LOW
15.3883 SYP
YEARLY AVERAGE
24.9001 SYP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 2,099,100 SYP
2016 Average 739,979 SYP
Yearly Trough Low 769,414 SYP
Transaction Impact: A difference of 1,329,686.31 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

41.7735
13.3946
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 16.2303
H2 Avg (Jul–Dec) 33.5699

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±23.6278
June Spread (Stable) ±0.5988

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 1.5433 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5433

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 39.4086
2016 Avg (December) 15.4045

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