2018 ZAR to ETB Historical Review

YEARLY HIGH

2.3839 ETB

YEARLY LOW

1.7939 ETB

YEARLY AVERAGE

2.1028 ETB

2018 ZAR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.3839. Conversely, the yearly low was recorded on September 5, dropping to 1.7939.

This high-to-low spread represents a total annual volatility of 0.5900 ETB. From a start-to-finish perspective, comparing the January average rate of 2.2525 to the December average rate of 1.9737, the exchange rate registered a net change of -12.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3839 was up 6.76% compared to the 2017 peak of 2.2328, 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 119,193 ETB

2017 Average 90,080 ETB

Yearly Trough Low 89,693 ETB

Transaction Impact: A difference of 29,500.05 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3716

1.8388

JanuMarcMayJulySeptNove

ZAR to ETB 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 2.2404, compared to 1.9651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2753 points.

H1 Avg (Jan–Jun) 2.2404

H2 Avg (Jul–Dec) 1.9651

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2170 ETB (High: 2.0964 / Low: 1.8794). On the other end, March was the most stable month, with a tight range of 0.0853 ETB (High: 2.3667 / Low: 2.2814).

August Spread (Volatile) ±0.2170

March Spread (Stable) ±0.0853

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 0.1218 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.3272) against the same month in 2017 (average: 1.7209), the exchange rate shifted by +0.6063 (+35.23%).

2018 Avg (February) 2.3272

2017 Avg (February) 1.7209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3228	2.2020	2.2525
February	2.3839	2.2665	2.3272
March	2.3667	2.2814	2.3219
April	2.3250	2.2119	2.2710
May	2.2462	2.1532	2.1959
June	2.1929	1.9870	2.0741
July	2.0941	1.9910	2.0599
August	2.0964	1.8794	1.9691
September	1.9776	1.7939	1.8832
October	1.9655	1.8643	1.9173
November	2.0566	1.9293	1.9876
December	2.0528	1.9212	1.9737