YEARLY HIGH
2.2568 ZAR
YEARLY LOW
1.8194 ZAR
YEARLY AVERAGE
1.9989 ZAR

2018 CNY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CNY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 2.2568. Conversely, the yearly low was recorded on February 25, dropping to 1.8194.

This high-to-low spread represents a total annual volatility of 0.4374 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.8969 to the December average rate of 2.0734, the exchange rate registered a net change of 9.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2568 was up 3.54% compared to the 2017 peak of 2.1797, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 56,419 ZAR
2017 Average 49,250 ZAR
Yearly Trough Low 45,485 ZAR
Transaction Impact: A difference of 10,934.47 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1779
1.8416
JanuMarcMayJulySeptNove

CNY 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 1.9308, compared to 2.0671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1363 points.

H1 Avg (Jan–Jun) 1.9308
H2 Avg (Jul–Dec) 2.0671

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2125 ZAR (High: 2.1504 / Low: 1.9379). On the other end, March was the most stable month, with a tight range of 0.0459 ZAR (High: 1.8983 / Low: 1.8524).

August Spread (Volatile) ±0.2125
March Spread (Stable) ±0.0459

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0709 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.1499) against the same month in 2017 (average: 2.0034), the exchange rate shifted by +0.1465 (+7.31%).

2018 Avg (September) 2.1499
2017 Avg (September) 2.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9169 1.8662 1.8969
February 1.9271 1.8194 1.8696
March 1.8983 1.8524 1.8732
April 1.9672 1.8814 1.9213
May 2.0024 1.9319 1.9673
June 2.1227 1.9619 2.0562
July 2.0751 1.9307 1.9936
August 2.1504 1.9379 2.0528
September 2.2568 2.0493 2.1499
October 2.1614 2.0515 2.1018
November 2.0822 1.9688 2.0309
December 2.1195 1.9733 2.0734