YEARLY HIGH
0.0705 EUR
YEARLY LOW
0.0558 EUR
YEARLY AVERAGE
0.0643 EUR

2018 ZAR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0705. Conversely, the yearly low was recorded on September 5, dropping to 0.0558.

This high-to-low spread represents a total annual volatility of 0.0147 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0673 to the December average rate of 0.0615, the exchange rate registered a net change of -8.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0705 was down 5.37% compared to the 2017 peak of 0.0744, 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 3,523 EUR
2017 Average 3,335 EUR
Yearly Trough Low 2,788 EUR
Transaction Impact: A difference of 734.78 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0696
0.0573
JanuMarcMayJulySeptNove

ZAR to EUR 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 0.0673, compared to 0.0613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0673
H2 Avg (Jul–Dec) 0.0613

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0065 EUR (High: 0.0648 / Low: 0.0583). On the other end, January was the most stable month, with a tight range of 0.0017 EUR (High: 0.0679 / Low: 0.0663).

August Spread (Volatile) ±0.0065
January Spread (Stable) ±0.0017

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 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0685) against the same month in 2017 (average: 0.0713), the exchange rate shifted by -0.0028 (-3.92%).

2018 Avg (February) 0.0685
2017 Avg (February) 0.0713

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0679 0.0663 0.0673
February 0.0705 0.0664 0.0685
March 0.0692 0.0674 0.0685
April 0.0688 0.0660 0.0673
May 0.0690 0.0658 0.0675
June 0.0680 0.0622 0.0644
July 0.0650 0.0621 0.0639
August 0.0648 0.0583 0.0617
September 0.0610 0.0558 0.0583
October 0.0612 0.0585 0.0599
November 0.0642 0.0608 0.0625
December 0.0643 0.0599 0.0615