YEARLY HIGH
11.7006 ZAR
YEARLY LOW
9.0459 ZAR
YEARLY AVERAGE
10.2070 ZAR

2018 CAD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CAD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 11.7006. Conversely, the yearly low was recorded on March 27, dropping to 9.0459.

This high-to-low spread represents a total annual volatility of 2.6547 ZAR. From a start-to-finish perspective, comparing the January average rate of 9.8061 to the December average rate of 10.6244, the exchange rate registered a net change of 8.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.7006 was up 2.98% compared to the 2017 peak of 11.3623, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,503 ZAR
2017 Average 51,317 ZAR
Yearly Trough Low 45,229 ZAR
Transaction Impact: A difference of 13,273.70 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.5256
8.9468
JanuMarcMayJulySeptNove

CAD 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 9.6227, compared to 10.7913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1686 points.

H1 Avg (Jan–Jun) 9.6227
H2 Avg (Jul–Dec) 10.7913

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.1500 ZAR (High: 11.3218 / Low: 10.1719). On the other end, March was the most stable month, with a tight range of 0.2075 ZAR (High: 9.2534 / Low: 9.0459).

August Spread (Volatile) ±1.1500
March Spread (Stable) ±0.2075

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4879 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.4879

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 11.3107) against the same month in 2017 (average: 10.7031), the exchange rate shifted by +0.6076 (+5.68%).

2018 Avg (September) 11.3107
2017 Avg (September) 10.7031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9780 9.6249 9.8061
February 9.7322 9.1225 9.4006
March 9.2534 9.0459 9.1617
April 9.6978 9.1813 9.4987
May 9.9191 9.5582 9.7364
June 10.4430 9.7276 10.1330
July 10.4932 10.0551 10.1960
August 11.3218 10.1719 10.7732
September 11.7006 10.8317 11.3107
October 11.4896 10.8737 11.1659
November 11.0122 10.2958 10.6779
December 10.7629 10.3597 10.6244