YEARLY HIGH
0.5991 BOB
YEARLY LOW
0.4499 BOB
YEARLY AVERAGE
0.5254 BOB

2018 ZAR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.5991. Conversely, the yearly low was recorded on September 5, dropping to 0.4499.

This high-to-low spread represents a total annual volatility of 0.1493 BOB. From a start-to-finish perspective, comparing the January average rate of 0.5671 to the December average rate of 0.4838, the exchange rate registered a net change of -14.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5991 was up 6.40% compared to the 2017 peak of 0.5631, 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 29,956 BOB
2017 Average 26,094 BOB
Yearly Trough Low 22,493 BOB
Transaction Impact: A difference of 7,463.03 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5963
0.4581
JanuMarcMayJulySeptNove

ZAR to BOB 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 0.5630, compared to 0.4878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0753 points.

H1 Avg (Jan–Jun) 0.5630
H2 Avg (Jul–Dec) 0.4878

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0531 BOB (High: 0.5231 / Low: 0.4700). On the other end, March was the most stable month, with a tight range of 0.0192 BOB (High: 0.5935 / Low: 0.5743).

August Spread (Volatile) ±0.0531
March Spread (Stable) ±0.0192

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 May and June, when the average rate fell by 0.0313 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.5848) against the same month in 2017 (average: 0.5253), the exchange rate shifted by +0.0595 (+11.33%).

2018 Avg (February) 0.5848
2017 Avg (February) 0.5253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5824 0.5537 0.5671
February 0.5991 0.5686 0.5848
March 0.5935 0.5743 0.5835
April 0.5840 0.5552 0.5710
May 0.5646 0.5406 0.5515
June 0.5508 0.4984 0.5202
July 0.5269 0.4987 0.5158
August 0.5231 0.4700 0.4920
September 0.4897 0.4499 0.4696
October 0.4874 0.4650 0.4752
November 0.5053 0.4774 0.4902
December 0.5064 0.4720 0.4838