YEARLY HIGH
0.1166 BND
YEARLY LOW
0.0931 BND
YEARLY AVERAGE
0.1066 BND

2018 ZAR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.1166. Conversely, the yearly low was recorded on October 7, dropping to 0.0931.

This high-to-low spread represents a total annual volatility of 0.0235 BND. From a start-to-finish perspective, comparing the January average rate of 0.1084 to the December average rate of 0.1099, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1166 was up 3.28% compared to the 2017 peak of 0.1129, 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 5,829 BND
2017 Average 5,192 BND
Yearly Trough Low 4,653 BND
Transaction Impact: A difference of 1,176.25 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1132
0.0954
JanuMarcMayJulySeptNove

ZAR to BND 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 0.1093, compared to 0.1039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.1093
H2 Avg (Jul–Dec) 0.1039

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0185 BND (High: 0.1143 / Low: 0.0958). On the other end, March was the most stable month, with a tight range of 0.0030 BND (High: 0.1126 / Low: 0.1096).

August Spread (Volatile) ±0.0185
March Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between October and December, 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 (May 2018: 0.1079) against the same month in 2017 (average: 0.1052), the exchange rate shifted by +0.0026 (+2.51%).

2018 Avg (May) 0.1079
2017 Avg (May) 0.1052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1104 0.1066 0.1084
February 0.1144 0.1088 0.1117
March 0.1126 0.1096 0.1111
April 0.1109 0.1068 0.1088
May 0.1166 0.1041 0.1079
June 0.1148 0.0978 0.1080
July 0.1152 0.0983 0.1061
August 0.1143 0.0958 0.1073
September 0.1055 0.0949 0.1003
October 0.0995 0.0931 0.0969
November 0.1153 0.0971 0.1030
December 0.1150 0.1003 0.1099