2018 CLF to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 CLF to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the CLF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 15.4156. Conversely, the yearly low was recorded on February 24, dropping to 11.5447.
This high-to-low spread represents a total annual volatility of 3.8709 ZAR. From a start-to-finish perspective, comparing the January average rate of 12.1906 to the December average rate of 14.2908, 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 15.4156 was up 6.52% compared to the 2017 peak of 14.4724, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CLF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
CLF 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 12.2985, compared to 14.1837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8852 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 1.4809 ZAR (High: 14.7035 / Low: 13.2226). On the other end, March was the most stable month, with a tight range of 0.3821 ZAR (High: 12.0230 / Low: 11.6409).
Growth Streaks & Declines
TrendsBetween 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 0.4540 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 14.7377) against the same month in 2017 (average: 13.1597), the exchange rate shifted by +1.5780 (+11.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.4477 | 11.8555 | 12.1906 |
| February | 12.1514 | 11.5447 | 11.8209 |
| March | 12.0230 | 11.6409 | 11.8442 |
| April | 12.4464 | 11.8310 | 12.1032 |
| May | 12.7713 | 12.2431 | 12.5336 |
| June | 13.8681 | 12.5718 | 13.2984 |
| July | 13.8383 | 13.1113 | 13.3871 |
| August | 14.7035 | 13.2226 | 14.0538 |
| September | 15.4156 | 14.1164 | 14.7377 |
| October | 14.8656 | 14.1801 | 14.5435 |
| November | 14.4671 | 13.6682 | 14.0894 |
| December | 14.6381 | 13.7003 | 14.2908 |