2018 ZAR to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |