YEARLY HIGH
1.7858 CZK
YEARLY LOW
1.4352 CZK
YEARLY AVERAGE
1.6480 CZK

2018 ZAR to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 1.7858. Conversely, the yearly low was recorded on September 5, dropping to 1.4352.

This high-to-low spread represents a total annual volatility of 0.3506 CZK. From a start-to-finish perspective, comparing the January average rate of 1.7106 to the December average rate of 1.5901, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7858 was down 11.23% compared to the 2017 peak of 2.0118, 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 89,291 CZK
2017 Average 87,872 CZK
Yearly Trough Low 71,759 CZK
Transaction Impact: A difference of 17,532.07 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7649
1.4694
JanuMarcMayJulySeptNove

ZAR to CZK 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 1.7147, compared to 1.5812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1335 points.

H1 Avg (Jan–Jun) 1.7147
H2 Avg (Jul–Dec) 1.5812

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1632 CZK (High: 1.6655 / Low: 1.5023). On the other end, January was the most stable month, with a tight range of 0.0453 CZK (High: 1.7346 / Low: 1.6894).

August Spread (Volatile) ±0.1632
January Spread (Stable) ±0.0453

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 August and September, when the average rate fell by 0.0922 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.7361) against the same month in 2017 (average: 1.9276), the exchange rate shifted by -0.1915 (-9.93%).

2018 Avg (February) 1.7361
2017 Avg (February) 1.9276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7346 1.6894 1.7106
February 1.7858 1.6758 1.7361
March 1.7625 1.7136 1.7402
April 1.7431 1.6808 1.7084
May 1.7779 1.6863 1.7303
June 1.7478 1.6176 1.6627
July 1.6723 1.6189 1.6512
August 1.6655 1.5023 1.5863
September 1.5727 1.4352 1.4941
October 1.5790 1.5080 1.5460
November 1.6670 1.5713 1.6197
December 1.6675 1.5506 1.5901