YEARLY HIGH
0.8608 ZAR
YEARLY LOW
0.6527 ZAR
YEARLY AVERAGE
0.7433 ZAR

2018 EGP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.8608. Conversely, the yearly low was recorded on February 24, dropping to 0.6527.

This high-to-low spread represents a total annual volatility of 0.2081 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.6887 to the December average rate of 0.7979, the exchange rate registered a net change of 15.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8608 was up 3.06% compared to the 2017 peak of 0.8353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,304 ZAR
2017 Average 3,734 ZAR
Yearly Trough Low 3,263 ZAR
Transaction Impact: A difference of 1,040.66 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8395
0.6535
JanuMarcMayJulySeptNove

EGP 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 0.6939, compared to 0.7927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0988 points.

H1 Avg (Jan–Jun) 0.6939
H2 Avg (Jul–Dec) 0.7927

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0859 ZAR (High: 0.8253 / Low: 0.7393). On the other end, March was the most stable month, with a tight range of 0.0224 ZAR (High: 0.6817 / Low: 0.6594).

August Spread (Volatile) ±0.0859
March Spread (Stable) ±0.0224

Growth Streaks & Declines

Trends

Between 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 0.0249 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.8240) against the same month in 2017 (average: 0.7458), the exchange rate shifted by +0.0782 (+10.49%).

2018 Avg (September) 0.8240
2017 Avg (September) 0.7458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7020 0.6704 0.6887
February 0.6870 0.6527 0.6690
March 0.6817 0.6594 0.6720
April 0.7050 0.6697 0.6850
May 0.7197 0.6916 0.7044
June 0.7754 0.7025 0.7444
July 0.7724 0.7326 0.7485
August 0.8253 0.7393 0.7863
September 0.8608 0.7880 0.8240
October 0.8302 0.7918 0.8123
November 0.8076 0.7633 0.7873
December 0.8184 0.7649 0.7979