YEARLY HIGH
4.4990 PHP
YEARLY LOW
3.4810 PHP
YEARLY AVERAGE
3.9996 PHP

2018 ZAR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 4.4990. Conversely, the yearly low was recorded on September 5, dropping to 3.4810.

This high-to-low spread represents a total annual volatility of 1.0180 PHP. From a start-to-finish perspective, comparing the January average rate of 4.1459 to the December average rate of 3.6954, the exchange rate registered a net change of -10.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.4990 was up 10.69% compared to the 2017 peak of 4.0644, 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 224,949 PHP
2017 Average 189,484 PHP
Yearly Trough Low 174,048 PHP
Transaction Impact: A difference of 50,901.17 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.4736
3.5910
JanuMarcMayJulySeptNove

ZAR to PHP 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 4.2334, compared to 3.7658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4676 points.

H1 Avg (Jan–Jun) 4.2334
H2 Avg (Jul–Dec) 3.7658

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.3715 PHP (High: 4.0075 / Low: 3.6361). On the other end, November was the most stable month, with a tight range of 0.1561 PHP (High: 3.8327 / Low: 3.6766).

August Spread (Volatile) ±0.3715
November Spread (Stable) ±0.1561

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.1930 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 4.4000) against the same month in 2017 (average: 3.8879), the exchange rate shifted by +0.5122 (+13.17%).

2018 Avg (March) 4.4000
2017 Avg (March) 3.8879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.3334 4.0104 4.1459
February 4.4988 4.2486 4.3902
March 4.4990 4.3337 4.4000
April 4.4134 4.1492 4.2998
May 4.2848 4.0826 4.1699
June 4.1822 3.8631 3.9945
July 4.0575 3.8642 3.9869
August 4.0075 3.6361 3.7939
September 3.8361 3.4810 3.6645
October 3.8091 3.6168 3.7084
November 3.8327 3.6766 3.7457
December 3.8374 3.6156 3.6954