2018 GMD to ZAR Historical Review

YEARLY HIGH

0.3209 ZAR

YEARLY LOW

0.2438 ZAR

YEARLY AVERAGE

0.2751 ZAR

2018 GMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.3209. Conversely, the yearly low was recorded on January 27, dropping to 0.2438.

This high-to-low spread represents a total annual volatility of 0.0771 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2540 to the December average rate of 0.2889, the exchange rate registered a net change of 13.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3209 was down 0.58% compared to the 2017 peak of 0.3228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,605 ZAR

2017 Average 1,453 ZAR

Yearly Trough Low 1,219 ZAR

Transaction Impact: A difference of 385.72 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3091

0.2443

JanuMarcMayJulySeptNove

GMD 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 0.2597, compared to 0.2906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0310 points.

H1 Avg (Jan–Jun) 0.2597

H2 Avg (Jul–Dec) 0.2906

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0344 ZAR (High: 0.3209 / Low: 0.2865). On the other end, March was the most stable month, with a tight range of 0.0081 ZAR (High: 0.2538 / Low: 0.2457).

September Spread (Volatile) ±0.0344

March Spread (Stable) ±0.0081

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 September and October, when the average rate fell by 0.0098 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.3037) against the same month in 2017 (average: 0.2858), the exchange rate shifted by +0.0179 (+6.27%).

2018 Avg (September) 0.3037

2017 Avg (September) 0.2858

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2613	0.2438	0.2540
February	0.2575	0.2444	0.2497
March	0.2538	0.2457	0.2504
April	0.2640	0.2497	0.2563
May	0.2706	0.2596	0.2657
June	0.2941	0.2666	0.2818
July	0.2932	0.2730	0.2807
August	0.3060	0.2751	0.2922
September	0.3209	0.2865	0.3037
October	0.2997	0.2867	0.2939
November	0.2918	0.2761	0.2844
December	0.2967	0.2769	0.2889