2018 LRD to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 LRD to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the LRD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.0999. Conversely, the yearly low was recorded on July 17, dropping to 0.0822.
This high-to-low spread represents a total annual volatility of 0.0178 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0961 to the December average rate of 0.0907, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.0999 was down 33.93% compared to the 2017 peak of 0.1513, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
LRD to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0932, compared to 0.0910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was February, with a trading range of 0.0106 ZAR (High: 0.0993 / Low: 0.0887). On the other end, March was the most stable month, with a tight range of 0.0030 ZAR (High: 0.0916 / Low: 0.0886).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0071 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 0.0952) against the same month in 2017 (average: 0.1126), the exchange rate shifted by -0.0174 (-15.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0992 | 0.0925 | 0.0961 |
| February | 0.0993 | 0.0887 | 0.0937 |
| March | 0.0916 | 0.0886 | 0.0904 |
| April | 0.0951 | 0.0898 | 0.0923 |
| May | 0.0969 | 0.0907 | 0.0936 |
| June | 0.0968 | 0.0908 | 0.0934 |
| July | 0.0918 | 0.0822 | 0.0863 |
| August | 0.0953 | 0.0872 | 0.0916 |
| September | 0.0999 | 0.0908 | 0.0952 |
| October | 0.0950 | 0.0903 | 0.0928 |
| November | 0.0920 | 0.0865 | 0.0893 |
| December | 0.0932 | 0.0867 | 0.0907 |