YEARLY HIGH
0.2234 ZAR
YEARLY LOW
0.1793 ZAR
YEARLY AVERAGE
0.1958 ZAR

2018 HTG to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HTG to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.2234. Conversely, the yearly low was recorded on February 24, dropping to 0.1793.

This high-to-low spread represents a total annual volatility of 0.0441 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1890 to the December average rate of 0.1879, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2234 was down 2.41% compared to the 2017 peak of 0.2289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,117 ZAR
2017 Average 1,025 ZAR
Yearly Trough Low 897 ZAR
Transaction Impact: A difference of 220.44 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2153
0.1809
JanuMarcMayJulySeptNove

HTG 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 0.1900, compared to 0.2017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.1900
H2 Avg (Jul–Dec) 0.2017

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0213 ZAR (High: 0.2234 / Low: 0.2021). On the other end, March was the most stable month, with a tight range of 0.0066 ZAR (High: 0.1867 / Low: 0.1801).

September Spread (Volatile) ±0.0213
March Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0117 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.2124) against the same month in 2017 (average: 0.2083), the exchange rate shifted by +0.0041 (+1.99%).

2018 Avg (September) 0.2124
2017 Avg (September) 0.2083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1946 0.1851 0.1890
February 0.1899 0.1793 0.1843
March 0.1867 0.1801 0.1838
April 0.1928 0.1832 0.1868
May 0.1985 0.1876 0.1939
June 0.2083 0.1936 0.2020
July 0.2099 0.1956 0.2016
August 0.2163 0.1986 0.2086
September 0.2234 0.2021 0.2124
October 0.2126 0.1993 0.2058
November 0.2005 0.1855 0.1940
December 0.1929 0.1851 0.1879