YEARLY HIGH
0.1387 ZAR
YEARLY LOW
0.1080 ZAR
YEARLY AVERAGE
0.1198 ZAR

2018 JPY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JPY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.1387. Conversely, the yearly low was recorded on February 24, dropping to 0.1080.

This high-to-low spread represents a total annual volatility of 0.0307 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1099 to the December average rate of 0.1275, the exchange rate registered a net change of 16.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1387 was up 8.60% compared to the 2017 peak of 0.1278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 69,371 ZAR
2017 Average 59,332 ZAR
Yearly Trough Low 54,000 ZAR
Transaction Impact: A difference of 15,370.60 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1338
0.1074
JanuMarcMayJulySeptNove

JPY 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 0.1131, compared to 0.1265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.1131
H2 Avg (Jul–Dec) 0.1265

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0147 ZAR (High: 0.1387 / Low: 0.1240). On the other end, April was the most stable month, with a tight range of 0.0028 ZAR (High: 0.1139 / Low: 0.1111).

September Spread (Volatile) ±0.0147
April Spread (Stable) ±0.0028

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 October and November, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1316) against the same month in 2017 (average: 0.1188), the exchange rate shifted by +0.0127 (+10.72%).

2018 Avg (September) 0.1316
2017 Avg (September) 0.1188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1116 0.1086 0.1099
February 0.1119 0.1080 0.1096
March 0.1134 0.1103 0.1117
April 0.1139 0.1111 0.1125
May 0.1171 0.1119 0.1143
June 0.1258 0.1143 0.1208
July 0.1248 0.1175 0.1202
August 0.1324 0.1184 0.1266
September 0.1387 0.1240 0.1316
October 0.1318 0.1248 0.1290
November 0.1279 0.1205 0.1244
December 0.1324 0.1206 0.1275