YEARLY HIGH
0.1251 ZAR
YEARLY LOW
0.0984 ZAR
YEARLY AVERAGE
0.1090 ZAR

2018 PKR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.1251. Conversely, the yearly low was recorded on December 2, dropping to 0.0984.

This high-to-low spread represents a total annual volatility of 0.0268 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1102 to the December average rate of 0.1028, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1251 was down 8.92% compared to the 2017 peak of 0.1374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 62,574 ZAR
2017 Average 63,197 ZAR
Yearly Trough Low 49,197 ZAR
Transaction Impact: A difference of 13,377.00 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1211
0.1011
JanuMarcMayJulySeptNove

PKR 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 0.1079, compared to 0.1102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1079
H2 Avg (Jul–Dec) 0.1102

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0141 ZAR (High: 0.1207 / Low: 0.1065). On the other end, May was the most stable month, with a tight range of 0.0044 ZAR (High: 0.1104 / Low: 0.1060).

October Spread (Volatile) ±0.0141
May Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0074 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1195) against the same month in 2017 (average: 0.1248), the exchange rate shifted by -0.0053 (-4.24%).

2018 Avg (September) 0.1195
2017 Avg (September) 0.1248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1124 0.1072 0.1102
February 0.1099 0.1041 0.1068
March 0.1088 0.1008 0.1054
April 0.1076 0.1023 0.1047
May 0.1104 0.1060 0.1083
June 0.1151 0.1085 0.1120
July 0.1137 0.1015 0.1075
August 0.1195 0.1071 0.1140
September 0.1251 0.1144 0.1195
October 0.1207 0.1065 0.1120
November 0.1086 0.1018 0.1052
December 0.1052 0.0984 0.1028