YEARLY HIGH
48.9959 XOF
YEARLY LOW
38.6407 XOF
YEARLY AVERAGE
43.8227 XOF

2017 ZAR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 48.9959. Conversely, the yearly low was recorded on November 15, dropping to 38.6407.

This high-to-low spread represents a total annual volatility of 10.3551 XOF. From a start-to-finish perspective, comparing the January average rate of 45.5664 to the December average rate of 42.3829, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 48.9959 was up 6.27% compared to the 2016 peak of 46.1069, 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 2,449,793 XOF
2016 Average 2,032,331 XOF
Yearly Trough Low 1,932,037 XOF
Transaction Impact: A difference of 517,755.79 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

48.4329
38.8396
JanuMarcMayJulySeptNove

ZAR to XOF 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 45.9873, compared to 41.6581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3291 points.

H1 Avg (Jan–Jun) 45.9873
H2 Avg (Jul–Dec) 41.6581

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 4.8019 XOF (High: 44.9328 / Low: 40.1309). On the other end, January was the most stable month, with a tight range of 0.9838 XOF (High: 46.2159 / Low: 45.2321).

December Spread (Volatile) ±4.8019
January Spread (Stable) ±0.9838

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 March and April, when the average rate fell by 2.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 47.6335) against the same month in 2016 (average: 38.5852), the exchange rate shifted by +9.0483 (+23.45%).

2017 Avg (March) 47.6335
2016 Avg (March) 38.5852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.2159 45.2321 45.5664
February 48.3106 45.4911 46.9030
March 48.9959 45.5465 47.6335
April 46.6151 44.3821 45.6325
May 45.7850 43.9160 44.8068
June 46.3757 44.0211 45.3817
July 44.1298 42.1190 43.4075
August 42.3899 41.1353 41.9146
September 42.9553 40.9395 41.8483
October 41.8306 39.3869 40.7565
November 40.5022 38.6407 39.6391
December 44.9328 40.1309 42.3829