2018 CDF to ZAR Historical Review

YEARLY HIGH

0.0095 ZAR

YEARLY LOW

0.0071 ZAR

YEARLY AVERAGE

0.0082 ZAR

2018 CDF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CDF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.0095. Conversely, the yearly low was recorded on February 25, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0023 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0088, the exchange rate registered a net change of 15.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0095 was down 20.29% compared to the 2017 peak of 0.0119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47 ZAR

2017 Average 46 ZAR

Yearly Trough Low 36 ZAR

Transaction Impact: A difference of 11.59 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0092

0.0072

JanuMarcMayJulySeptNove

CDF 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 0.0076, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0076

H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0009 ZAR (High: 0.0090 / Low: 0.0081). On the other end, March was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0074 / Low: 0.0072).

August Spread (Volatile) ±0.0009

March Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0090) against the same month in 2017 (average: 0.0084), the exchange rate shifted by +0.0006 (+6.83%).

2018 Avg (September) 0.0090

2017 Avg (September) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0079	0.0074	0.0076
February	0.0076	0.0071	0.0073
March	0.0074	0.0072	0.0073
April	0.0077	0.0073	0.0075
May	0.0079	0.0076	0.0078
June	0.0086	0.0078	0.0082
July	0.0086	0.0079	0.0083
August	0.0090	0.0081	0.0086
September	0.0095	0.0086	0.0090
October	0.0091	0.0087	0.0089
November	0.0089	0.0084	0.0087
December	0.0090	0.0084	0.0088