2018 AFN to ZAR Historical Review

YEARLY HIGH

0.2188 ZAR

YEARLY LOW

0.1661 ZAR

YEARLY AVERAGE

0.1827 ZAR

2018 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.2188. Conversely, the yearly low was recorded on February 24, dropping to 0.1661.

This high-to-low spread represents a total annual volatility of 0.0527 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1747 to the December average rate of 0.1891, the exchange rate registered a net change of 8.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2188 was up 3.79% compared to the 2017 peak of 0.2108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,094 ZAR

2017 Average 979 ZAR

Yearly Trough Low 831 ZAR

Transaction Impact: A difference of 263.52 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1992

0.1678

JanuMarcMayJulySeptNove

AFN 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 0.1750, compared to 0.1903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.1750

H2 Avg (Jul–Dec) 0.1903

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0385 ZAR (High: 0.2188 / Low: 0.1803). On the other end, March was the most stable month, with a tight range of 0.0055 ZAR (High: 0.1730 / Low: 0.1675).

November Spread (Volatile) ±0.0385

March Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0048 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.1872) against the same month in 2017 (average: 0.2053), the exchange rate shifted by -0.0181 (-8.82%).

2018 Avg (November) 0.1872

2017 Avg (November) 0.2053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1784	0.1707	0.1747
February	0.1747	0.1661	0.1704
March	0.1730	0.1675	0.1705
April	0.1769	0.1700	0.1729
May	0.1806	0.1730	0.1763
June	0.1918	0.1763	0.1853
July	0.1895	0.1794	0.1837
August	0.2002	0.1827	0.1932
September	0.2085	0.1864	0.1966
October	0.1967	0.1865	0.1920
November	0.2188	0.1803	0.1872
December	0.1953	0.1805	0.1891