2018 SCR to ZAR Historical Review

YEARLY HIGH

1.1326 ZAR

YEARLY LOW

0.8398 ZAR

YEARLY AVERAGE

0.9724 ZAR

2018 SCR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SCR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.1326. Conversely, the yearly low was recorded on March 7, dropping to 0.8398.

This high-to-low spread represents a total annual volatility of 0.2928 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.8762 to the December average rate of 1.0450, the exchange rate registered a net change of 19.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1326 was up 7.16% compared to the 2017 peak of 1.0570, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,663 ZAR

2017 Average 4,899 ZAR

Yearly Trough Low 4,199 ZAR

Transaction Impact: A difference of 1,464.23 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1009

0.8471

JanuMarcMayJulySeptNove

SCR 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 0.9041, compared to 1.0408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1367 points.

H1 Avg (Jan–Jun) 0.9041

H2 Avg (Jul–Dec) 1.0408

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1488 ZAR (High: 1.1326 / Low: 0.9838). On the other end, March was the most stable month, with a tight range of 0.0512 ZAR (High: 0.8910 / Low: 0.8398).

September Spread (Volatile) ±0.1488

March Spread (Stable) ±0.0512

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0335 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.0797) against the same month in 2017 (average: 0.9656), the exchange rate shifted by +0.1141 (+11.82%).

2018 Avg (September) 1.0797

2017 Avg (September) 0.9656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9081	0.8458	0.8762
February	0.9134	0.8399	0.8684
March	0.8910	0.8398	0.8682
April	0.9252	0.8623	0.8983
May	0.9510	0.8787	0.9291
June	1.0242	0.9345	0.9842
July	1.0220	0.9681	0.9883
August	1.0804	0.9738	1.0341
September	1.1326	0.9838	1.0797
October	1.0915	1.0278	1.0656
November	1.0606	1.0022	1.0321
December	1.0721	1.0044	1.0450