YEARLY HIGH
0.0815 USD
YEARLY LOW
0.0691 USD
YEARLY AVERAGE
0.0752 USD

2017 ZAR to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0815. Conversely, the yearly low was recorded on November 13, dropping to 0.0691.

This high-to-low spread represents a total annual volatility of 0.0124 USD. From a start-to-finish perspective, comparing the January average rate of 0.0736 to the December average rate of 0.0765, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0815 was up 8.24% compared to the 2016 peak of 0.0753, 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 4,076 USD
2016 Average 3,412 USD
Yearly Trough Low 3,455 USD
Transaction Impact: A difference of 620.99 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0782
0.0703
JanuMarcMayJulySeptNove

ZAR to USD 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 0.0757, compared to 0.0747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0757
H2 Avg (Jul–Dec) 0.0747

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0089 USD (High: 0.0815 / Low: 0.0727). On the other end, August was the most stable month, with a tight range of 0.0028 USD (High: 0.0769 / Low: 0.0741).

December Spread (Volatile) ±0.0089
August Spread (Stable) ±0.0028

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 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0765) against the same month in 2016 (average: 0.0721), the exchange rate shifted by +0.0044 (+6.09%).

2017 Avg (December) 0.0765
2016 Avg (December) 0.0721

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0755 0.0724 0.0736
February 0.0777 0.0743 0.0759
March 0.0806 0.0743 0.0774
April 0.0769 0.0718 0.0745
May 0.0779 0.0733 0.0755
June 0.0792 0.0764 0.0776
July 0.0775 0.0738 0.0762
August 0.0769 0.0741 0.0755
September 0.0781 0.0736 0.0760
October 0.0754 0.0702 0.0730
November 0.0732 0.0691 0.0710
December 0.0815 0.0727 0.0765