YEARLY HIGH
0.4827 ZAR
YEARLY LOW
0.3698 ZAR
YEARLY AVERAGE
0.4178 ZAR

2018 NIO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NIO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.4827. Conversely, the yearly low was recorded on February 23, dropping to 0.3698.

This high-to-low spread represents a total annual volatility of 0.1129 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3938 to the December average rate of 0.4406, the exchange rate registered a net change of 11.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4827 was up 2.23% compared to the 2017 peak of 0.4722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,414 ZAR
2017 Average 2,219 ZAR
Yearly Trough Low 1,849 ZAR
Transaction Impact: A difference of 564.50 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4680
0.3714
JanuMarcMayJulySeptNove

NIO 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 0.3937, compared to 0.4420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 0.3937
H2 Avg (Jul–Dec) 0.4420

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0441 ZAR (High: 0.4827 / Low: 0.4386). On the other end, March was the most stable month, with a tight range of 0.0136 ZAR (High: 0.3862 / Low: 0.3726).

September Spread (Volatile) ±0.0441
March Spread (Stable) ±0.0136

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 0.0157 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.4600) against the same month in 2017 (average: 0.4341), the exchange rate shifted by +0.0259 (+5.97%).

2018 Avg (September) 0.4600
2017 Avg (September) 0.4341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4038 0.3803 0.3938
February 0.3906 0.3698 0.3795
March 0.3862 0.3726 0.3801
April 0.3988 0.3793 0.3879
May 0.4073 0.3914 0.3996
June 0.4382 0.3977 0.4211
July 0.4374 0.4114 0.4221
August 0.4604 0.4166 0.4408
September 0.4827 0.4386 0.4600
October 0.4630 0.4413 0.4521
November 0.4477 0.4221 0.4364
December 0.4514 0.4226 0.4406