YEARLY HIGH
1.7033 ZAR
YEARLY LOW
1.4098 ZAR
YEARLY AVERAGE
1.5207 ZAR

2018 SEK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SEK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.7033. Conversely, the yearly low was recorded on March 28, dropping to 1.4098.

This high-to-low spread represents a total annual volatility of 0.2936 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5151 to the December average rate of 1.5812, the exchange rate registered a net change of 4.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7033 was down 1.28% compared to the 2017 peak of 1.7254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,517 ZAR
2017 Average 7,803 ZAR
Yearly Trough Low 7,049 ZAR
Transaction Impact: A difference of 1,467.85 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6662
1.4086
JanuMarcMayJulySeptNove

SEK 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 1.4655, compared to 1.5758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1102 points.

H1 Avg (Jan–Jun) 1.4655
H2 Avg (Jul–Dec) 1.5758

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1396 ZAR (High: 1.6124 / Low: 1.4728). On the other end, January was the most stable month, with a tight range of 0.0387 ZAR (High: 1.5374 / Low: 1.4988).

August Spread (Volatile) ±0.1396
January Spread (Stable) ±0.0387

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0526 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.6447) against the same month in 2017 (average: 1.6443), the exchange rate shifted by +0.0003 (+0.02%).

2018 Avg (September) 1.6447
2017 Avg (September) 1.6443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5374 1.4988 1.5151
February 1.5293 1.4129 1.4692
March 1.4725 1.4098 1.4372
April 1.4545 1.4101 1.4301
May 1.4608 1.4116 1.4318
June 1.5499 1.4359 1.5098
July 1.5584 1.4910 1.5170
August 1.6124 1.4728 1.5489
September 1.7033 1.5879 1.6447
October 1.6393 1.5770 1.6077
November 1.5967 1.5069 1.5551
December 1.6190 1.5142 1.5812