YEARLY HIGH
49.4345 CRC
YEARLY LOW
37.4275 CRC
YEARLY AVERAGE
43.7942 CRC

2018 ZAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 49.4345. Conversely, the yearly low was recorded on September 5, dropping to 37.4275.

This high-to-low spread represents a total annual volatility of 12.0069 CRC. From a start-to-finish perspective, comparing the January average rate of 46.5408 to the December average rate of 41.8982, the exchange rate registered a net change of -9.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 49.4345 was up 6.92% compared to the 2017 peak of 46.2349, 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 2,471,723 CRC
2017 Average 2,128,567 CRC
Yearly Trough Low 1,871,377 CRC
Transaction Impact: A difference of 600,346.15 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

49.2336
38.4292
JanuMarcMayJulySeptNove

ZAR to CRC 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 46.2501, compared to 41.3383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9118 points.

H1 Avg (Jan–Jun) 46.2501
H2 Avg (Jul–Dec) 41.3383

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 4.2696 CRC (High: 45.2363 / Low: 40.9667). On the other end, March was the most stable month, with a tight range of 1.5439 CRC (High: 48.6691 / Low: 47.1252).

June Spread (Volatile) ±4.2696
March Spread (Stable) ±1.5439

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 2.4870 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.4870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 48.3333) against the same month in 2017 (average: 42.2359), the exchange rate shifted by +6.0974 (+14.44%).

2018 Avg (February) 48.3333
2017 Avg (February) 42.2359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.9732 45.5197 46.5408
February 49.4345 47.1539 48.3333
March 48.6691 47.1252 48.0037
April 47.9152 45.4297 46.7883
May 46.2868 44.2309 45.1608
June 45.2363 40.9667 42.6737
July 43.2753 40.9694 42.3783
August 42.9034 38.7714 40.4411
September 41.0444 37.4275 39.3296
October 41.8833 39.2395 40.6688
November 44.8638 42.1360 43.3140
December 43.7764 40.8975 41.8982