YEARLY HIGH
1.9540 ZAR
YEARLY LOW
1.4867 ZAR
YEARLY AVERAGE
1.6795 ZAR

2018 SBD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SBD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.9540. Conversely, the yearly low was recorded on February 26, dropping to 1.4867.

This high-to-low spread represents a total annual volatility of 0.4673 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5691 to the December average rate of 1.7679, the exchange rate registered a net change of 12.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9540 was up 5.22% compared to the 2017 peak of 1.8571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,770 ZAR
2017 Average 8,518 ZAR
Yearly Trough Low 7,434 ZAR
Transaction Impact: A difference of 2,336.65 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9025
1.4899
JanuMarcMayJulySeptNove

SBD 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 1.5757, compared to 1.7832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2075 points.

H1 Avg (Jan–Jun) 1.5757
H2 Avg (Jul–Dec) 1.7832

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1877 ZAR (High: 1.8638 / Low: 1.6761). On the other end, March was the most stable month, with a tight range of 0.0560 ZAR (High: 1.5509 / Low: 1.4949).

August Spread (Volatile) ±0.1877
March Spread (Stable) ±0.0560

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 0.0664 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.8681) against the same month in 2017 (average: 1.6949), the exchange rate shifted by +0.1732 (+10.22%).

2018 Avg (September) 1.8681
2017 Avg (September) 1.6949

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6036 1.5288 1.5691
February 1.5672 1.4867 1.5243
March 1.5509 1.4949 1.5246
April 1.5989 1.5196 1.5549
May 1.6390 1.5636 1.6007
June 1.7459 1.5961 1.6807
July 1.7412 1.6626 1.6921
August 1.8638 1.6761 1.7814
September 1.9540 1.7894 1.8681
October 1.8728 1.7863 1.8280
November 1.8049 1.7114 1.7616
December 1.8070 1.7148 1.7679