YEARLY HIGH
0.7969 ZAR
YEARLY LOW
0.6195 ZAR
YEARLY AVERAGE
0.6887 ZAR

2018 MXN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MXN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.7969. Conversely, the yearly low was recorded on February 26, dropping to 0.6195.

This high-to-low spread represents a total annual volatility of 0.1774 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.6447 to the December average rate of 0.7118, the exchange rate registered a net change of 10.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7969 was up 4.55% compared to the 2017 peak of 0.7622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 39,845 ZAR
2017 Average 35,272 ZAR
Yearly Trough Low 30,976 ZAR
Transaction Impact: A difference of 8,868.41 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7898
0.6200
JanuMarcMayJulySeptNove

MXN 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 0.6454, compared to 0.7321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0868 points.

H1 Avg (Jan–Jun) 0.6454
H2 Avg (Jul–Dec) 0.7321

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0734 ZAR (High: 0.6981 / Low: 0.6247). On the other end, July was the most stable month, with a tight range of 0.0190 ZAR (High: 0.7117 / Low: 0.6927).

June Spread (Volatile) ±0.0734
July Spread (Stable) ±0.0190

Growth Streaks & Declines

Trends

Between May and September, 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 0.0618 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.7756) against the same month in 2017 (average: 0.7380), the exchange rate shifted by +0.0376 (+5.09%).

2018 Avg (September) 0.7756
2017 Avg (September) 0.7380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6582 0.6309 0.6447
February 0.6502 0.6195 0.6341
March 0.6515 0.6271 0.6370
April 0.6698 0.6489 0.6588
May 0.6688 0.6295 0.6413
June 0.6981 0.6247 0.6562
July 0.7117 0.6927 0.7046
August 0.7708 0.7111 0.7455
September 0.7969 0.7497 0.7756
October 0.7889 0.7269 0.7585
November 0.7156 0.6753 0.6967
December 0.7366 0.6736 0.7118