2018 CHF to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 CHF to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the CHF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 15.8783. Conversely, the yearly low was recorded on May 11, dropping to 12.2440.
This high-to-low spread represents a total annual volatility of 3.6343 ZAR. From a start-to-finish perspective, comparing the January average rate of 12.6875 to the December average rate of 14.4032, the exchange rate registered a net change of 13.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 15.8783 was up 8.96% compared to the 2017 peak of 14.5728, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
CHF 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 12.7217, compared to 14.3344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6127 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 1.8455 ZAR (High: 15.1774 / Low: 13.3319). On the other end, January was the most stable month, with a tight range of 0.2832 ZAR (High: 12.8141 / Low: 12.5309).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5847 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 15.2157) against the same month in 2017 (average: 13.6807), the exchange rate shifted by +1.5350 (+11.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.8141 | 12.5309 | 12.6875 |
| February | 13.0162 | 12.3237 | 12.6515 |
| March | 12.7173 | 12.3116 | 12.4962 |
| April | 12.6653 | 12.3145 | 12.4943 |
| May | 12.8986 | 12.2440 | 12.5693 |
| June | 13.9140 | 12.7211 | 13.4315 |
| July | 13.9304 | 13.2288 | 13.4634 |
| August | 15.1774 | 13.3319 | 14.2147 |
| September | 15.8783 | 14.3837 | 15.2157 |
| October | 14.9796 | 14.3050 | 14.6310 |
| November | 14.3847 | 13.7215 | 14.0786 |
| December | 14.8182 | 13.7283 | 14.4032 |