YEARLY HIGH
0.1345 ZAR
YEARLY LOW
0.1113 ZAR
YEARLY AVERAGE
0.1209 ZAR

2018 NPR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.1345. Conversely, the yearly low was recorded on February 24, dropping to 0.1113.

This high-to-low spread represents a total annual volatility of 0.0231 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1198 to the December average rate of 0.1264, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1345 was down 2.90% compared to the 2017 peak of 0.1385, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 672 ZAR
2017 Average 639 ZAR
Yearly Trough Low 557 ZAR
Transaction Impact: A difference of 115.66 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1292
0.1124
JanuMarcMayJulySeptNove

NPR 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 0.1170, compared to 0.1247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.1170
H2 Avg (Jul–Dec) 0.1247

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0130 ZAR (High: 0.1345 / Low: 0.1215). On the other end, April was the most stable month, with a tight range of 0.0035 ZAR (High: 0.1171 / Low: 0.1137).

September Spread (Volatile) ±0.0130
April Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1278) against the same month in 2017 (average: 0.1275), the exchange rate shifted by +0.0003 (+0.26%).

2018 Avg (September) 0.1278
2017 Avg (September) 0.1275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1225 0.1166 0.1198
February 0.1187 0.1113 0.1148
March 0.1158 0.1123 0.1138
April 0.1171 0.1137 0.1152
May 0.1191 0.1137 0.1161
June 0.1263 0.1168 0.1226
July 0.1258 0.1193 0.1218
August 0.1302 0.1203 0.1263
September 0.1345 0.1215 0.1278
October 0.1259 0.1204 0.1235
November 0.1244 0.1199 0.1226
December 0.1305 0.1215 0.1264