2018 ZAR to BGN Historical Review

YEARLY HIGH

0.1378 BGN

YEARLY LOW

0.1092 BGN

YEARLY AVERAGE

0.1257 BGN

2018 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to BGN 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 5, dropping to 0.1092.

This high-to-low spread represents a total annual volatility of 0.0286 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1315 to the December average rate of 0.1204, the exchange rate registered a net change of -8.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1378 was down 5.69% compared to the 2017 peak of 0.1461, 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 6,888 BGN

2017 Average 6,523 BGN

Yearly Trough Low 5,460 BGN

Transaction Impact: A difference of 1,428.72 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1360

0.1120

JanuMarcMayJulySeptNove

ZAR to BGN 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 0.1199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.1315

H2 Avg (Jul–Dec) 0.1199

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0130 BGN (High: 0.1269 / Low: 0.1139). On the other end, January was the most stable month, with a tight range of 0.0032 BGN (High: 0.1328 / Low: 0.1296).

August Spread (Volatile) ±0.0130

January Spread (Stable) ±0.0032

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 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

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: 0.1395), the exchange rate shifted by -0.0055 (-3.94%).

2018 Avg (February) 0.1340

2017 Avg (February) 0.1395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1328	0.1296	0.1315
February	0.1378	0.1296	0.1340
March	0.1353	0.1318	0.1339
April	0.1346	0.1291	0.1317
May	0.1349	0.1287	0.1320
June	0.1330	0.1219	0.1261
July	0.1273	0.1215	0.1250
August	0.1269	0.1139	0.1208
September	0.1194	0.1092	0.1140
October	0.1197	0.1144	0.1171
November	0.1256	0.1189	0.1222
December	0.1259	0.1174	0.1204