YEARLY HIGH
0.1414 ZAR
YEARLY LOW
0.1075 ZAR
YEARLY AVERAGE
0.1225 ZAR

2018 ALL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ALL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.1414. Conversely, the yearly low was recorded on February 24, dropping to 0.1075.

This high-to-low spread represents a total annual volatility of 0.0339 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1114 to the December average rate of 0.1317, the exchange rate registered a net change of 18.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1414 was up 11.34% compared to the 2017 peak of 0.1270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 707 ZAR
2017 Average 561 ZAR
Yearly Trough Low 538 ZAR
Transaction Impact: A difference of 169.29 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1383
0.1074
JanuMarcMayJulySeptNove

ALL 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 0.1146, compared to 0.1304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0159 points.

H1 Avg (Jan–Jun) 0.1146
H2 Avg (Jul–Dec) 0.1304

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0137 ZAR (High: 0.1360 / Low: 0.1224). On the other end, January was the most stable month, with a tight range of 0.0027 ZAR (High: 0.1130 / Low: 0.1104).

August Spread (Volatile) ±0.0137
January Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0049 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1357) against the same month in 2017 (average: 0.1173), the exchange rate shifted by +0.0184 (+15.68%).

2018 Avg (September) 0.1357
2017 Avg (September) 0.1173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1130 0.1104 0.1114
February 0.1132 0.1075 0.1100
March 0.1139 0.1097 0.1113
April 0.1177 0.1113 0.1149
May 0.1191 0.1146 0.1167
June 0.1276 0.1179 0.1231
July 0.1277 0.1216 0.1242
August 0.1360 0.1224 0.1290
September 0.1414 0.1297 0.1357
October 0.1360 0.1304 0.1334
November 0.1314 0.1253 0.1285
December 0.1359 0.1251 0.1317