YEARLY HIGH
0.0616 ZAR
YEARLY LOW
0.0445 ZAR
YEARLY AVERAGE
0.0529 ZAR

2018 YER to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the YER to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.0616. Conversely, the yearly low was recorded on March 6, dropping to 0.0445.

This high-to-low spread represents a total annual volatility of 0.0170 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0487 to the December average rate of 0.0571, the exchange rate registered a net change of 17.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0616 was up 6.49% compared to the 2017 peak of 0.0578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 308 ZAR
2017 Average 266 ZAR
Yearly Trough Low 223 ZAR
Transaction Impact: A difference of 85.14 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0600
0.0460
JanuMarcMayJulySeptNove

YER 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 0.0491, compared to 0.0567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0491
H2 Avg (Jul–Dec) 0.0567

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0059 ZAR (High: 0.0587 / Low: 0.0528). On the other end, May was the most stable month, with a tight range of 0.0022 ZAR (High: 0.0511 / Low: 0.0489).

August Spread (Volatile) ±0.0059
May Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0018 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0589) against the same month in 2017 (average: 0.0526), the exchange rate shifted by +0.0063 (+11.99%).

2018 Avg (September) 0.0589
2017 Avg (September) 0.0526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0497 0.0474 0.0487
February 0.0485 0.0461 0.0472
March 0.0480 0.0445 0.0471
April 0.0497 0.0473 0.0484
May 0.0511 0.0489 0.0501
June 0.0554 0.0502 0.0531
July 0.0552 0.0524 0.0535
August 0.0587 0.0528 0.0561
September 0.0616 0.0564 0.0589
October 0.0594 0.0566 0.0581
November 0.0578 0.0546 0.0563
December 0.0585 0.0547 0.0571