YEARLY HIGH
0.9231 ZAR
YEARLY LOW
0.6896 ZAR
YEARLY AVERAGE
0.7877 ZAR

2018 MDL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MDL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.9231. Conversely, the yearly low was recorded on February 24, dropping to 0.6896.

This high-to-low spread represents a total annual volatility of 0.2335 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7192 to the December average rate of 0.8321, the exchange rate registered a net change of 15.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9231 was up 11.73% compared to the 2017 peak of 0.8262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,615 ZAR
2017 Average 3,618 ZAR
Yearly Trough Low 3,448 ZAR
Transaction Impact: A difference of 1,167.42 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8938
0.6921
JanuMarcMayJulySeptNove

MDL 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 0.7364, compared to 0.8389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1025 points.

H1 Avg (Jan–Jun) 0.7364
H2 Avg (Jul–Dec) 0.8389

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0882 ZAR (High: 0.9231 / Low: 0.8349). On the other end, March was the most stable month, with a tight range of 0.0208 ZAR (High: 0.7273 / Low: 0.7064).

September Spread (Volatile) ±0.0882
March Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0316 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.8770) against the same month in 2017 (average: 0.7449), the exchange rate shifted by +0.1321 (+17.74%).

2018 Avg (September) 0.8770
2017 Avg (September) 0.7449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7282 0.7073 0.7192
February 0.7304 0.6896 0.7089
March 0.7273 0.7064 0.7148
April 0.7546 0.7183 0.7358
May 0.7661 0.7378 0.7514
June 0.8178 0.7422 0.7882
July 0.8187 0.7879 0.8011
August 0.8774 0.7957 0.8449
September 0.9231 0.8349 0.8770
October 0.8775 0.8322 0.8550
November 0.8495 0.7971 0.8235
December 0.8567 0.8009 0.8321