2018 AOA to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AOA to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AOA to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0750. Conversely, the yearly low was recorded on November 29, dropping to 0.0440.
This high-to-low spread represents a total annual volatility of 0.0310 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0685 to the December average rate of 0.0463, the exchange rate registered a net change of -32.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.0750 was down 13.99% compared to the 2017 peak of 0.0872, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AOA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
AOA to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0574, compared to 0.0495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.0179 ZAR (High: 0.0750 / Low: 0.0571). On the other end, April was the most stable month, with a tight range of 0.0017 ZAR (High: 0.0565 / Low: 0.0548).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 0.0685) against the same month in 2017 (average: 0.0819), the exchange rate shifted by -0.0134 (-16.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0750 | 0.0571 | 0.0685 |
| February | 0.0585 | 0.0542 | 0.0563 |
| March | 0.0561 | 0.0544 | 0.0553 |
| April | 0.0565 | 0.0548 | 0.0555 |
| May | 0.0562 | 0.0528 | 0.0540 |
| June | 0.0565 | 0.0527 | 0.0549 |
| July | 0.0557 | 0.0515 | 0.0529 |
| August | 0.0549 | 0.0502 | 0.0528 |
| September | 0.0550 | 0.0479 | 0.0516 |
| October | 0.0493 | 0.0468 | 0.0480 |
| November | 0.0467 | 0.0440 | 0.0455 |
| December | 0.0475 | 0.0442 | 0.0463 |