YEARLY HIGH
0.2148 ZAR
YEARLY LOW
0.1779 ZAR
YEARLY AVERAGE
0.1933 ZAR

2018 INR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the INR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.2148. Conversely, the yearly low was recorded on February 24, dropping to 0.1779.

This high-to-low spread represents a total annual volatility of 0.0369 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1915 to the December average rate of 0.2020, the exchange rate registered a net change of 5.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2148 was down 2.86% compared to the 2017 peak of 0.2211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 53,709 ZAR
2017 Average 51,111 ZAR
Yearly Trough Low 44,472 ZAR
Transaction Impact: A difference of 9,236.80 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2066
0.1799
JanuMarcMayJulySeptNove

INR 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 0.1872, compared to 0.1995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.1872
H2 Avg (Jul–Dec) 0.1995

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0204 ZAR (High: 0.2148 / Low: 0.1945). On the other end, March was the most stable month, with a tight range of 0.0048 ZAR (High: 0.1843 / Low: 0.1795).

September Spread (Volatile) ±0.0204
March Spread (Stable) ±0.0048

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 January and February, when the average rate fell by 0.0081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.2044) against the same month in 2017 (average: 0.2042), the exchange rate shifted by +0.0001 (+0.06%).

2018 Avg (September) 0.2044
2017 Avg (September) 0.2042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1961 0.1862 0.1915
February 0.1885 0.1779 0.1834
March 0.1843 0.1795 0.1821
April 0.1873 0.1810 0.1843
May 0.1901 0.1817 0.1856
June 0.2018 0.1874 0.1962
July 0.2014 0.1904 0.1949
August 0.2087 0.1931 0.2020
September 0.2148 0.1945 0.2044
October 0.2016 0.1930 0.1975
November 0.1990 0.1924 0.1961
December 0.2087 0.1943 0.2020