2018 ZAR to CDF Historical Review

YEARLY HIGH

140.0789 CDF

YEARLY LOW

105.7344 CDF

YEARLY AVERAGE

123.0862 CDF

2018 ZAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 140.0789. Conversely, the yearly low was recorded on September 5, dropping to 105.7344.

This high-to-low spread represents a total annual volatility of 34.3445 CDF. From a start-to-finish perspective, comparing the January average rate of 131.3874 to the December average rate of 113.7851, the exchange rate registered a net change of -13.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 140.0789 was up 8.71% compared to the 2017 peak of 128.8574, 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 7,003,944 CDF

2017 Average 5,483,862 CDF

Yearly Trough Low 5,286,721 CDF

Transaction Impact: A difference of 1,717,222.67 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

139.0882

108.5084

JanuMarcMayJulySeptNove

ZAR to CDF 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 131.3436, compared to 114.8289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.5147 points.

H1 Avg (Jan–Jun) 131.3436

H2 Avg (Jul–Dec) 114.8289

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 12.3169 CDF (High: 123.2099 / Low: 110.8931). On the other end, March was the most stable month, with a tight range of 4.2427 CDF (High: 138.5688 / Low: 134.3261).

August Spread (Volatile) ±12.3169

March Spread (Stable) ±4.2427

Growth Streaks & Declines

Trends

Between January and March, 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 7.3268 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.3268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 136.3050) against the same month in 2017 (average: 96.6168), the exchange rate shifted by +39.6882 (+41.08%).

2018 Avg (February) 136.3050

2017 Avg (February) 96.6168

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	135.5205	126.0207	131.3874
February	140.0789	131.7540	136.3050
March	138.5688	134.3261	136.5398
April	136.4770	129.6936	133.4514
May	131.9926	126.3241	128.8524
June	128.4356	116.4299	121.5256
July	126.4727	116.6810	121.0655
August	123.2099	110.8931	115.8754
September	115.7846	105.7344	111.0567
October	115.2149	110.0409	111.9627
November	119.6581	112.2413	115.2278
December	118.7896	111.2167	113.7851