YEARLY HIGH
2.9245 ARS
YEARLY LOW
1.4777 ARS
YEARLY AVERAGE
2.0899 ARS

2018 ZAR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.9245. Conversely, the yearly low was recorded on January 2, dropping to 1.4777.

This high-to-low spread represents a total annual volatility of 1.4469 ARS. From a start-to-finish perspective, comparing the January average rate of 1.5599 to the December average rate of 2.6458, the exchange rate registered a net change of 69.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9245 was up 89.00% compared to the 2017 peak of 1.5473, 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 146,227 ARS
2017 Average 62,268 ARS
Yearly Trough Low 73,883 ARS
Transaction Impact: A difference of 72,343.66 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.7544
1.4513
JanuMarcMayJulySeptNove

ZAR to ARS 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 1.7499, compared to 2.4299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6799 points.

H1 Avg (Jan–Jun) 1.7499
H2 Avg (Jul–Dec) 2.4299

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.7368 ARS (High: 2.6344 / Low: 1.8976). On the other end, March was the most stable month, with a tight range of 0.0526 ARS (High: 1.7323 / Low: 1.6797).

August Spread (Volatile) ±0.7368
March Spread (Stable) ±0.0526

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0745 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.6201) against the same month in 2017 (average: 1.3099), the exchange rate shifted by +1.3102 (+100.03%).

2018 Avg (September) 2.6201
2017 Avg (September) 1.3099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6562 1.4777 1.5599
February 1.7431 1.6060 1.6781
March 1.7323 1.6797 1.7069
April 1.7048 1.6265 1.6727
May 2.0271 1.6340 1.8791
June 2.1041 1.9242 2.0029
July 2.1096 2.0213 2.0630
August 2.6344 1.8976 2.1230
September 2.9245 2.4278 2.6201
October 2.7764 2.4300 2.5456
November 2.8075 2.4574 2.5817
December 2.7546 2.5915 2.6458