2018 HKD to ZAR Historical Review

YEARLY HIGH

1.9641 ZAR

YEARLY LOW

1.4756 ZAR

YEARLY AVERAGE

1.6894 ZAR

2018 HKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.9641. Conversely, the yearly low was recorded on February 24, dropping to 1.4756.

This high-to-low spread represents a total annual volatility of 0.4884 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5590 to the December average rate of 1.8270, the exchange rate registered a net change of 17.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9641 was up 5.87% compared to the 2017 peak of 1.8551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,101 ZAR

2017 Average 42,690 ZAR

Yearly Trough Low 36,891 ZAR

Transaction Impact: A difference of 12,210.40 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9173

1.4736

JanuMarcMayJulySeptNove

HKD 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 1.5691, compared to 1.8098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2407 points.

H1 Avg (Jan–Jun) 1.5691

H2 Avg (Jul–Dec) 1.8098

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1885 ZAR (High: 1.8732 / Low: 1.6847). On the other end, March was the most stable month, with a tight range of 0.0494 ZAR (High: 1.5330 / Low: 1.4836).

August Spread (Volatile) ±0.1885

March Spread (Stable) ±0.0494

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0558 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.8803) against the same month in 2017 (average: 1.6840), the exchange rate shifted by +0.1963 (+11.65%).

2018 Avg (September) 1.8803

2017 Avg (September) 1.6840

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5925	1.5158	1.5590
February	1.5539	1.4756	1.5113
March	1.5330	1.4836	1.5105
April	1.5861	1.5074	1.5422
May	1.6269	1.5596	1.5969
June	1.7670	1.6023	1.6946
July	1.7640	1.6712	1.7058
August	1.8732	1.6847	1.7904
September	1.9641	1.8032	1.8803
October	1.8990	1.8093	1.8555
November	1.8461	1.7475	1.7997
December	1.8689	1.7527	1.8270