YEARLY HIGH
0.8244 BWP
YEARLY LOW
0.7147 BWP
YEARLY AVERAGE
0.7723 BWP

2018 ZAR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.8244. Conversely, the yearly low was recorded on September 4, dropping to 0.7147.

This high-to-low spread represents a total annual volatility of 0.1097 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7994 to the December average rate of 0.7486, the exchange rate registered a net change of -6.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8244 was up 0.72% compared to the 2017 peak of 0.8185, 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 41,219 BWP
2017 Average 38,892 BWP
Yearly Trough Low 35,734 BWP
Transaction Impact: A difference of 5,485.16 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8163
0.7247
JanuMarcMayJulySeptNove

ZAR to BWP 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 0.7958, compared to 0.7487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 0.7958
H2 Avg (Jul–Dec) 0.7487

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0841 BWP (High: 0.8066 / Low: 0.7225). On the other end, March was the most stable month, with a tight range of 0.0133 BWP (High: 0.8134 / Low: 0.8001).

August Spread (Volatile) ±0.0841
March Spread (Stable) ±0.0133

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 0.0225 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.8087) against the same month in 2017 (average: 0.7934), the exchange rate shifted by +0.0153 (+1.93%).

2018 Avg (February) 0.8087
2017 Avg (February) 0.7934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8164 0.7892 0.7994
February 0.8244 0.7929 0.8087
March 0.8134 0.8001 0.8077
April 0.8088 0.7881 0.7984
May 0.8083 0.7771 0.7917
June 0.7932 0.7490 0.7691
July 0.7813 0.7550 0.7698
August 0.8066 0.7225 0.7529
September 0.7538 0.7147 0.7323
October 0.7505 0.7168 0.7338
November 0.7705 0.7430 0.7550
December 0.7712 0.7338 0.7486