YEARLY HIGH
14.4724 ZAR
YEARLY LOW
0.0024 ZAR
YEARLY AVERAGE
9.2961 ZAR

2017 ZMK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZMK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 14.4724. Conversely, the yearly low was recorded on March 26, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 14.4700 ZAR. From a start-to-finish perspective, comparing the January average rate of 3.0616 to the December average rate of 13.0891, the exchange rate registered a net change of 327.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.4724 was up 450793.15% compared to the 2016 peak of 0.0032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ZMK based on timing:

Yearly Peak High 72,362 ZAR
2016 Average 14 ZAR
Yearly Trough Low 12 ZAR
Transaction Impact: A difference of 72,350.19 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

15.5028
-1.4067
JanuMarcMayJulySeptNove

ZMK to ZAR 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 5.1906, compared to 13.4015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2109 points.

H1 Avg (Jan–Jun) 5.1906
H2 Avg (Jul–Dec) 13.4015

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 13.7392 ZAR (High: 13.7418 / Low: 0.0025). On the other end, April was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0027 / Low: 0.0025).

January Spread (Volatile) ±13.7392
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 7.5678 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.5678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 14.0936) against the same month in 2016 (average: 0.0027), the exchange rate shifted by +14.0910 (+529357.05%).

2017 Avg (November) 14.0936
2016 Avg (November) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.7418 0.0025 3.0616
February 13.4391 0.0025 7.5703
March 0.0026 0.0024 0.0025
April 0.0027 0.0025 0.0026
May 13.4144 0.0025 7.6127
June 13.0951 12.6331 12.8943
July 13.5460 12.9080 13.1250
August 13.4911 13.0029 13.2416
September 13.5802 12.8041 13.1597
October 14.2413 13.2661 13.7000
November 14.4724 13.6659 14.0936
December 13.7646 12.2674 13.0891