2018 SZL to ZAR Historical Review

YEARLY HIGH

1.0292 ZAR

YEARLY LOW

0.9278 ZAR

YEARLY AVERAGE

1.0004 ZAR

2018 SZL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 1.0292. Conversely, the yearly low was recorded on August 19, dropping to 0.9278.

This high-to-low spread represents a total annual volatility of 0.1014 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.9993 to the December average rate of 1.0037, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0292 was down 0.45% compared to the 2017 peak of 1.0339, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,146 ZAR

2017 Average 4,998 ZAR

Yearly Trough Low 4,639 ZAR

Transaction Impact: A difference of 507.05 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0043

0.9973

JanuMarcMayJulySeptNove

SZL 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 1.0000, compared to 1.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 1.0000

H2 Avg (Jul–Dec) 1.0009

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1014 ZAR (High: 1.0292 / Low: 0.9278). On the other end, February was the most stable month, with a tight range of 0.0171 ZAR (High: 1.0059 / Low: 0.9888).

August Spread (Volatile) ±0.1014

February Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between February and April, 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 June and July, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.0026) against the same month in 2017 (average: 1.0004), the exchange rate shifted by +0.0022 (+0.22%).

2018 Avg (August) 1.0026

2017 Avg (August) 1.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0096	0.9895	0.9993
February	1.0059	0.9888	0.9979
March	1.0065	0.9855	0.9997
April	1.0084	0.9899	1.0009
May	1.0217	0.9839	0.9994
June	1.0198	0.9941	1.0029
July	1.0106	0.9899	0.9983
August	1.0292	0.9278	1.0026
September	1.0088	0.9874	0.9993
October	1.0223	0.9799	1.0015
November	1.0188	0.9864	0.9997
December	1.0155	0.9920	1.0037