YEARLY HIGH
0.1732 BBD
YEARLY LOW
0.1297 BBD
YEARLY AVERAGE
0.1521 BBD

2018 ZAR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.1732. Conversely, the yearly low was recorded on September 5, dropping to 0.1297.

This high-to-low spread represents a total annual volatility of 0.0435 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1641 to the December average rate of 0.1400, the exchange rate registered a net change of -14.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1732 was up 6.26% compared to the 2017 peak of 0.1630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 8,662 BBD
2017 Average 7,523 BBD
Yearly Trough Low 6,487 BBD
Transaction Impact: A difference of 2,175.06 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1726
0.1325
JanuMarcMayJulySeptNove

ZAR to BBD 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 0.1629, compared to 0.1412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 0.1629
H2 Avg (Jul–Dec) 0.1412

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0152 BBD (High: 0.1513 / Low: 0.1360). On the other end, March was the most stable month, with a tight range of 0.0055 BBD (High: 0.1718 / Low: 0.1663).

August Spread (Volatile) ±0.0152
March Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0091 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1692) against the same month in 2017 (average: 0.1518), the exchange rate shifted by +0.0175 (+11.50%).

2018 Avg (February) 0.1692
2017 Avg (February) 0.1518

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1687 0.1607 0.1641
February 0.1732 0.1646 0.1692
March 0.1718 0.1663 0.1689
April 0.1690 0.1607 0.1653
May 0.1634 0.1566 0.1596
June 0.1591 0.1442 0.1505
July 0.1525 0.1445 0.1494
August 0.1513 0.1360 0.1425
September 0.1417 0.1297 0.1358
October 0.1410 0.1345 0.1375
November 0.1463 0.1382 0.1420
December 0.1460 0.1366 0.1400