YEARLY HIGH
0.1105 CAD
YEARLY LOW
0.0855 CAD
YEARLY AVERAGE
0.0984 CAD

2018 ZAR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.1105. Conversely, the yearly low was recorded on September 5, dropping to 0.0855.

This high-to-low spread represents a total annual volatility of 0.0251 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1020 to the December average rate of 0.0941, the exchange rate registered a net change of -7.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1105 was up 2.76% compared to the 2017 peak of 0.1076, 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 5,527 CAD
2017 Average 4,882 CAD
Yearly Trough Low 4,273 CAD
Transaction Impact: A difference of 1,254.11 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1112
0.0864
JanuMarcMayJulySeptNove

ZAR to CAD 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 0.1041, compared to 0.0928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1041
H2 Avg (Jul–Dec) 0.0928

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0100 CAD (High: 0.0983 / Low: 0.0883). On the other end, March was the most stable month, with a tight range of 0.0025 CAD (High: 0.1105 / Low: 0.1081).

August Spread (Volatile) ±0.0100
March Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.1092) against the same month in 2017 (average: 0.1036), the exchange rate shifted by +0.0056 (+5.36%).

2018 Avg (March) 0.1092
2017 Avg (March) 0.1036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1039 0.1002 0.1020
February 0.1096 0.1028 0.1064
March 0.1105 0.1081 0.1092
April 0.1089 0.1031 0.1053
May 0.1046 0.1008 0.1027
June 0.1028 0.0958 0.0987
July 0.0995 0.0953 0.0981
August 0.0983 0.0883 0.0929
September 0.0923 0.0855 0.0885
October 0.0920 0.0870 0.0896
November 0.0971 0.0908 0.0937
December 0.0965 0.0929 0.0941