2018 BIF to ZAR Historical Review

YEARLY HIGH

0.0087 ZAR

YEARLY LOW

0.0065 ZAR

YEARLY AVERAGE

0.0074 ZAR

2018 BIF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.0087. Conversely, the yearly low was recorded on February 23, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0022 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0069 to the December average rate of 0.0079, the exchange rate registered a net change of 14.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0087 was up 5.44% compared to the 2017 peak of 0.0083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44 ZAR

2017 Average 39 ZAR

Yearly Trough Low 33 ZAR

Transaction Impact: A difference of 10.99 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0085

0.0065

JanuMarcMayJulySeptNove

BIF 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 0.0070, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0070

H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0009 ZAR (High: 0.0083 / Low: 0.0074). On the other end, March was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0069 / Low: 0.0066).

August Spread (Volatile) ±0.0009

March Spread (Stable) ±0.0003

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 0.0003 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0083) against the same month in 2017 (average: 0.0075), the exchange rate shifted by +0.0008 (+10.11%).

2018 Avg (September) 0.0083

2017 Avg (September) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0071	0.0067	0.0069
February	0.0069	0.0065	0.0067
March	0.0069	0.0066	0.0067
April	0.0070	0.0067	0.0068
May	0.0073	0.0069	0.0071
June	0.0078	0.0071	0.0075
July	0.0078	0.0074	0.0076
August	0.0083	0.0074	0.0079
September	0.0087	0.0079	0.0083
October	0.0084	0.0079	0.0081
November	0.0081	0.0076	0.0078
December	0.0082	0.0076	0.0079