2018 SGD to ZAR Historical Review

YEARLY HIGH

11.2089 ZAR

YEARLY LOW

8.7466 ZAR

YEARLY AVERAGE

9.8038 ZAR

2018 SGD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 11.2089. Conversely, the yearly low was recorded on February 24, dropping to 8.7466.

This high-to-low spread represents a total annual volatility of 2.4623 ZAR. From a start-to-finish perspective, comparing the January average rate of 9.2229 to the December average rate of 10.4232, the exchange rate registered a net change of 13.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.2089 was up 5.50% compared to the 2017 peak of 10.6243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,045 ZAR

2017 Average 48,210 ZAR

Yearly Trough Low 43,733 ZAR

Transaction Impact: A difference of 12,311.34 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10.9254

8.7764

JanuMarcMayJulySeptNove

SGD 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 9.2667, compared to 10.3409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0742 points.

H1 Avg (Jan–Jun) 9.2667

H2 Avg (Jul–Dec) 10.3409

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.0454 ZAR (High: 10.7525 / Low: 9.7070). On the other end, March was the most stable month, with a tight range of 0.2369 ZAR (High: 9.1323 / Low: 8.8955).

August Spread (Volatile) ±1.0454

March Spread (Stable) ±0.2369

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2943 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 10.7463) against the same month in 2017 (average: 9.7477), the exchange rate shifted by +0.9987 (+10.25%).

2018 Avg (September) 10.7463

2017 Avg (September) 9.7477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3644	9.0403	9.2229
February	9.1668	8.7466	8.9555
March	9.1323	8.8955	9.0055
April	9.3873	9.0223	9.1963
May	9.5108	9.1620	9.3586
June	10.1462	9.4067	9.8613
July	10.1083	9.6578	9.8236
August	10.7525	9.7070	10.2657
September	11.2089	10.3200	10.7463
October	10.7554	10.3165	10.5406
November	10.4779	9.9779	10.2463
December	10.6521	10.0259	10.4232