YEARLY HIGH
0.0999 ZAR
YEARLY LOW
0.0822 ZAR
YEARLY AVERAGE
0.0921 ZAR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 500 ZAR
2017 Average 646 ZAR
Yearly Trough Low 411 ZAR
Transaction Impact: A difference of 88.80 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0971
0.0853
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 0.0932
H2 Avg (Jul–Dec) 0.0910

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±0.0106
March Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (September) 0.0952
2017 Avg (September) 0.1126

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