YEARLY HIGH
0.5245 DKK
YEARLY LOW
0.4157 DKK
YEARLY AVERAGE
0.4791 DKK

2018 ZAR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.5245. Conversely, the yearly low was recorded on September 5, dropping to 0.4157.

This high-to-low spread represents a total annual volatility of 0.1088 DKK. From a start-to-finish perspective, comparing the January average rate of 0.5007 to the December average rate of 0.4594, the exchange rate registered a net change of -8.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5245 was down 5.30% compared to the 2017 peak of 0.5538, 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 26,225 DKK
2017 Average 24,807 DKK
Yearly Trough Low 20,784 DKK
Transaction Impact: A difference of 5,440.82 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5179
0.4272
JanuMarcMayJulySeptNove

ZAR to DKK 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 0.5010, compared to 0.4572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0437 points.

H1 Avg (Jan–Jun) 0.5010
H2 Avg (Jul–Dec) 0.4572

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0489 DKK (High: 0.4836 / Low: 0.4347). On the other end, January was the most stable month, with a tight range of 0.0120 DKK (High: 0.5056 / Low: 0.4936).

August Spread (Volatile) ±0.0489
January Spread (Stable) ±0.0120

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 0.0256 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.5103) against the same month in 2017 (average: 0.5304), the exchange rate shifted by -0.0201 (-3.79%).

2018 Avg (February) 0.5103
2017 Avg (February) 0.5304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5056 0.4936 0.5007
February 0.5245 0.4942 0.5103
March 0.5153 0.5022 0.5099
April 0.5129 0.4918 0.5016
May 0.5142 0.4902 0.5029
June 0.5060 0.4645 0.4802
July 0.4849 0.4625 0.4762
August 0.4836 0.4347 0.4604
September 0.4552 0.4157 0.4348
October 0.4569 0.4361 0.4466
November 0.4792 0.4538 0.4660
December 0.4797 0.4476 0.4594