2018 ZAR to DJF Historical Review

YEARLY HIGH

15.3404 DJF

YEARLY LOW

11.5500 DJF

YEARLY AVERAGE

13.5205 DJF

2018 ZAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 15.3404. Conversely, the yearly low was recorded on September 5, dropping to 11.5500.

This high-to-low spread represents a total annual volatility of 3.7904 DJF. From a start-to-finish perspective, comparing the January average rate of 14.6631 to the December average rate of 12.4616, the exchange rate registered a net change of -15.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 15.3404 was up 5.39% compared to the 2017 peak of 14.5565, 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 767,020 DJF

2017 Average 672,457 DJF

Yearly Trough Low 577,500 DJF

Transaction Impact: A difference of 189,520.17 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

15.3189

11.8004

JanuMarcMayJulySeptNove

ZAR to DJF 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 14.4717, compared to 12.5692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9025 points.

H1 Avg (Jan–Jun) 14.4717

H2 Avg (Jul–Dec) 12.5692

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.3525 DJF (High: 13.4618 / Low: 12.1094). On the other end, March was the most stable month, with a tight range of 0.4749 DJF (High: 15.2050 / Low: 14.7301).

August Spread (Volatile) ±1.3525

March Spread (Stable) ±0.4749

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 0.7790 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 15.0257) against the same month in 2017 (average: 13.5804), the exchange rate shifted by +1.4453 (+10.64%).

2018 Avg (February) 15.0257

2017 Avg (February) 13.5804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.0496	14.3617	14.6631
February	15.3404	14.5868	15.0257
March	15.2050	14.7301	14.9500
April	14.9607	14.2138	14.6183
May	14.5286	13.9050	14.1762
June	14.1587	12.8352	13.3972
July	13.5478	12.8629	13.2956
August	13.4618	12.1094	12.6835
September	12.6130	11.5500	12.0936
October	12.5528	11.9773	12.2433
November	13.0229	12.3072	12.6378
December	12.9924	12.1635	12.4616