YEARLY HIGH
5.7041 ZAR
YEARLY LOW
4.2718 ZAR
YEARLY AVERAGE
4.8995 ZAR

2018 XCD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the XCD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 5.7041. Conversely, the yearly low was recorded on February 24, dropping to 4.2718.

This high-to-low spread represents a total annual volatility of 1.4323 ZAR. From a start-to-finish perspective, comparing the January average rate of 4.5108 to the December average rate of 5.2879, the exchange rate registered a net change of 17.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 5.7041 was up 6.52% compared to the 2017 peak of 5.3551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,520 ZAR
2017 Average 24,618 ZAR
Yearly Trough Low 21,359 ZAR
Transaction Impact: A difference of 7,161.59 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5.5612
4.2660
JanuMarcMayJulySeptNove

XCD 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 4.5507, compared to 5.2483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6976 points.

H1 Avg (Jan–Jun) 4.5507
H2 Avg (Jul–Dec) 5.2483

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.5480 ZAR (High: 5.4406 / Low: 4.8926). On the other end, March was the most stable month, with a tight range of 0.1414 ZAR (High: 4.4488 / Low: 4.3074).

August Spread (Volatile) ±0.5480
March Spread (Stable) ±0.1414

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 0.1681 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 5.4533) against the same month in 2017 (average: 4.8694), the exchange rate shifted by +0.5839 (+11.99%).

2018 Avg (September) 5.4533
2017 Avg (September) 4.8694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.6059 4.3868 4.5108
February 4.4963 4.2718 4.3740
March 4.4488 4.3074 4.3826
April 4.6054 4.3777 4.4784
May 4.7256 4.5302 4.6377
June 5.1315 4.6518 4.9207
July 5.1204 4.8515 4.9535
August 5.4406 4.8926 5.2002
September 5.7041 5.2234 5.4533
October 5.5006 5.2469 5.3814
November 5.3531 5.0575 5.2133
December 5.4164 5.0694 5.2879