YEARLY HIGH
0.6968 ZAR
YEARLY LOW
0.5600 ZAR
YEARLY AVERAGE
0.6084 ZAR

2018 CZK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CZK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.6968. Conversely, the yearly low was recorded on February 24, dropping to 0.5600.

This high-to-low spread represents a total annual volatility of 0.1368 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.5846 to the December average rate of 0.6292, the exchange rate registered a net change of 7.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6968 was up 5.09% compared to the 2017 peak of 0.6630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,484 ZAR
2017 Average 2,861 ZAR
Yearly Trough Low 2,800 ZAR
Transaction Impact: A difference of 684.06 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6793
0.5651
JanuMarcMayJulySeptNove

CZK 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 0.5835, compared to 0.6334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0499 points.

H1 Avg (Jan–Jun) 0.5835
H2 Avg (Jul–Dec) 0.6334

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0652 ZAR (High: 0.6656 / Low: 0.6004). On the other end, January was the most stable month, with a tight range of 0.0155 ZAR (High: 0.5919 / Low: 0.5765).

August Spread (Volatile) ±0.0652
January Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between May and September, 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 0.0294 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.6698) against the same month in 2017 (average: 0.6013), the exchange rate shifted by +0.0685 (+11.39%).

2018 Avg (September) 0.6698
2017 Avg (September) 0.6013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5919 0.5765 0.5846
February 0.5967 0.5600 0.5762
March 0.5836 0.5674 0.5747
April 0.5949 0.5737 0.5854
May 0.5930 0.5625 0.5781
June 0.6182 0.5722 0.6018
July 0.6177 0.5980 0.6057
August 0.6656 0.6004 0.6310
September 0.6968 0.6359 0.6698
October 0.6631 0.6333 0.6469
November 0.6364 0.5999 0.6176
December 0.6449 0.5997 0.6292