2018 MWK to ZAR Historical Review

YEARLY HIGH

0.0212 ZAR

YEARLY LOW

0.0159 ZAR

YEARLY AVERAGE

0.0181 ZAR

2018 MWK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MWK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.0212. Conversely, the yearly low was recorded on February 25, dropping to 0.0159.

This high-to-low spread represents a total annual volatility of 0.0053 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0191, the exchange rate registered a net change of 13.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0212 was up 6.24% compared to the 2017 peak of 0.0200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106 ZAR

2017 Average 92 ZAR

Yearly Trough Low 80 ZAR

Transaction Impact: A difference of 26.48 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0207

0.0159

JanuMarcMayJulySeptNove

MWK 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 0.0169, compared to 0.0194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0169

H2 Avg (Jul–Dec) 0.0194

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0024 ZAR (High: 0.0190 / Low: 0.0167). On the other end, March was the most stable month, with a tight range of 0.0005 ZAR (High: 0.0166 / Low: 0.0161).

June Spread (Volatile) ±0.0024

March Spread (Stable) ±0.0005

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 0.0006 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0203) against the same month in 2017 (average: 0.0181), the exchange rate shifted by +0.0021 (+11.79%).

2018 Avg (September) 0.0203

2017 Avg (September) 0.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0172	0.0163	0.0168
February	0.0168	0.0159	0.0163
March	0.0166	0.0161	0.0163
April	0.0172	0.0163	0.0167
May	0.0177	0.0169	0.0174
June	0.0190	0.0167	0.0177
July	0.0190	0.0180	0.0184
August	0.0202	0.0182	0.0193
September	0.0212	0.0194	0.0203
October	0.0204	0.0195	0.0200
November	0.0199	0.0188	0.0194
December	0.0198	0.0180	0.0191