2018 BOB to ZAR Historical Review

YEARLY HIGH

2.2229 ZAR

YEARLY LOW

1.6691 ZAR

YEARLY AVERAGE

1.9163 ZAR

2018 BOB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 2.2229. Conversely, the yearly low was recorded on February 24, dropping to 1.6691.

This high-to-low spread represents a total annual volatility of 0.5538 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.7638 to the December average rate of 2.0677, the exchange rate registered a net change of 17.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2229 was up 6.01% compared to the 2017 peak of 2.0970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,115 ZAR

2017 Average 9,590 ZAR

Yearly Trough Low 8,346 ZAR

Transaction Impact: A difference of 2,769.04 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1733

1.6684

JanuMarcMayJulySeptNove

BOB 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 1.7796, compared to 2.0531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2735 points.

H1 Avg (Jan–Jun) 1.7796

H2 Avg (Jul–Dec) 2.0531

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2158 ZAR (High: 2.1276 / Low: 1.9117). On the other end, March was the most stable month, with a tight range of 0.0564 ZAR (High: 1.7412 / Low: 1.6848).

August Spread (Volatile) ±0.2158

March Spread (Stable) ±0.0564

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 0.0645 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0645

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.1312) against the same month in 2017 (average: 1.8849), the exchange rate shifted by +0.2463 (+13.07%).

2018 Avg (September) 2.1312

2017 Avg (September) 1.8849

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8059	1.7170	1.7638
February	1.7587	1.6691	1.7105
March	1.7412	1.6848	1.7138
April	1.8012	1.7125	1.7518
May	1.8497	1.7711	1.8135
June	2.0065	1.8154	1.9240
July	2.0052	1.8978	1.9392
August	2.1276	1.9117	2.0348
September	2.2229	2.0420	2.1312
October	2.1504	2.0517	2.1049
November	2.0945	1.9790	2.0405
December	2.1185	1.9747	2.0677