YEARLY HIGH
17.9353 ZAR
YEARLY LOW
14.1942 ZAR
YEARLY AVERAGE
15.6084 ZAR

2018 EUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 17.9353. Conversely, the yearly low was recorded on February 24, dropping to 14.1942.

This high-to-low spread represents a total annual volatility of 3.7412 ZAR. From a start-to-finish perspective, comparing the January average rate of 14.8705 to the December average rate of 16.2594, the exchange rate registered a net change of 9.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 17.9353 was up 5.65% compared to the 2017 peak of 16.9758, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,677 ZAR
2017 Average 75,210 ZAR
Yearly Trough Low 70,971 ZAR
Transaction Impact: A difference of 18,705.82 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

17.4267
14.3377
JanuMarcMayJulySeptNove

EUR 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 14.8793, compared to 16.3374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4581 points.

H1 Avg (Jan–Jun) 14.8793
H2 Avg (Jul–Dec) 16.3374

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.7319 ZAR (High: 17.1527 / Low: 15.4208). On the other end, January was the most stable month, with a tight range of 0.3690 ZAR (High: 15.0901 / Low: 14.7212).

August Spread (Volatile) ±1.7319
January Spread (Stable) ±0.3690

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 0.6939 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 17.1693) against the same month in 2017 (average: 15.6778), the exchange rate shifted by +1.4915 (+9.51%).

2018 Avg (September) 17.1693
2017 Avg (September) 15.6778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.0901 14.7212 14.8705
February 15.0659 14.1942 14.5951
March 14.8322 14.4593 14.6092
April 15.1480 14.5273 14.8560
May 15.1985 14.4842 14.8169
June 16.0668 14.7091 15.5283
July 16.1100 15.3789 15.6551
August 17.1527 15.4208 16.2180
September 17.9353 16.3823 17.1693
October 17.0985 16.3281 16.7084
November 16.4381 15.5717 16.0145
December 16.6857 15.5560 16.2594