YEARLY HIGH
423.3918 ZMK
YEARLY LOW
0.0691 ZMK
YEARLY AVERAGE
119.4461 ZMK

2017 ZAR to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 423.3918. Conversely, the yearly low was recorded on November 13, dropping to 0.0691.

This high-to-low spread represents a total annual volatility of 423.3228 ZMK. From a start-to-finish perspective, comparing the January average rate of 299.2300 to the December average rate of 0.0765, the exchange rate registered a net change of -99.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 423.3918 was up 7.02% compared to the 2016 peak of 395.6204, 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 21,169,592 ZMK
2016 Average 17,916,379 ZMK
Yearly Trough Low 3,455 ZMK
Transaction Impact: A difference of 21,166,137.63 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

447.2595
-40.5825
JanuMarcMayJulySeptNove

ZAR to ZMK 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 238.8176, 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 238.7428 points.

H1 Avg (Jan–Jun) 238.8176
H2 Avg (Jul–Dec) 0.0747

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 408.0297 ZMK (High: 408.1041 / Low: 0.0744). On the other end, August was the most stable month, with a tight range of 0.0028 ZMK (High: 0.0769 / Low: 0.0741).

February Spread (Volatile) ±408.0297
August Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 227.4391 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -227.4391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 406.6060) against the same month in 2016 (average: 342.0540), the exchange rate shifted by +64.5519 (+18.87%).

2017 Avg (March) 406.6060
2016 Avg (March) 342.0540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 393.5104 0.0728 299.2300
February 408.1041 0.0744 172.1138
March 423.3918 390.4120 406.6060
April 404.1190 377.1439 391.1585
May 393.3764 0.0745 163.7194
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