YEARLY HIGH
0.1378 BAM
YEARLY LOW
0.1088 BAM
YEARLY AVERAGE
0.1256 BAM

2018 ZAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.1378. Conversely, the yearly low was recorded on September 9, dropping to 0.1088.

This high-to-low spread represents a total annual volatility of 0.0290 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1317 to the December average rate of 0.1203, the exchange rate registered a net change of -8.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1378 was down 5.62% compared to the 2017 peak of 0.1460, 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 6,890 BAM
2017 Average 6,524 BAM
Yearly Trough Low 5,440 BAM
Transaction Impact: A difference of 1,449.58 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1360
0.1116
JanuMarcMayJulySeptNove

ZAR to BAM 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 0.1315, compared to 0.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.1315
H2 Avg (Jul–Dec) 0.1197

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0130 BAM (High: 0.1267 / Low: 0.1137). On the other end, March was the most stable month, with a tight range of 0.0033 BAM (High: 0.1353 / Low: 0.1320).

August Spread (Volatile) ±0.0130
March Spread (Stable) ±0.0033

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 August and September, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1340) against the same month in 2017 (average: 0.1394), the exchange rate shifted by -0.0054 (-3.90%).

2018 Avg (February) 0.1340
2017 Avg (February) 0.1394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1333 0.1295 0.1317
February 0.1378 0.1297 0.1340
March 0.1353 0.1320 0.1339
April 0.1345 0.1286 0.1315
May 0.1347 0.1279 0.1319
June 0.1330 0.1212 0.1261
July 0.1276 0.1208 0.1247
August 0.1267 0.1137 0.1206
September 0.1194 0.1088 0.1136
October 0.1199 0.1145 0.1171
November 0.1258 0.1177 0.1218
December 0.1260 0.1169 0.1203