YEARLY HIGH
0.5496 CNY
YEARLY LOW
0.4431 CNY
YEARLY AVERAGE
0.5015 CNY

2018 ZAR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.5496. Conversely, the yearly low was recorded on September 5, dropping to 0.4431.

This high-to-low spread represents a total annual volatility of 0.1065 CNY. From a start-to-finish perspective, comparing the January average rate of 0.5272 to the December average rate of 0.4825, the exchange rate registered a net change of -8.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5496 was down 0.69% compared to the 2017 peak of 0.5535, 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 27,482 CNY
2017 Average 25,418 CNY
Yearly Trough Low 22,156 CNY
Transaction Impact: A difference of 5,326.14 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5420
0.4586
JanuMarcMayJulySeptNove

ZAR to CNY 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 0.5186, compared to 0.4843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0343 points.

H1 Avg (Jan–Jun) 0.5186
H2 Avg (Jul–Dec) 0.4843

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0510 CNY (High: 0.5160 / Low: 0.4650). On the other end, March was the most stable month, with a tight range of 0.0131 CNY (High: 0.5398 / Low: 0.5268).

August Spread (Volatile) ±0.0510
March Spread (Stable) ±0.0131

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 August and September, when the average rate fell by 0.0221 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.5351) against the same month in 2017 (average: 0.5217), the exchange rate shifted by +0.0133 (+2.56%).

2018 Avg (February) 0.5351
2017 Avg (February) 0.5217

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5358 0.5217 0.5272
February 0.5496 0.5189 0.5351
March 0.5398 0.5268 0.5339
April 0.5315 0.5083 0.5206
May 0.5176 0.4994 0.5084
June 0.5097 0.4711 0.4866
July 0.5180 0.4819 0.5018
August 0.5160 0.4650 0.4877
September 0.4880 0.4431 0.4656
October 0.4874 0.4627 0.4759
November 0.5079 0.4803 0.4925
December 0.5068 0.4718 0.4825