YEARLY HIGH
0.0620 GBP
YEARLY LOW
0.0502 GBP
YEARLY AVERAGE
0.0569 GBP

2018 ZAR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0620. Conversely, the yearly low was recorded on September 5, dropping to 0.0502.

This high-to-low spread represents a total annual volatility of 0.0118 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0594 to the December average rate of 0.0553, the exchange rate registered a net change of -6.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0620 was down 3.82% compared to the 2017 peak of 0.0645, 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 3,100 GBP
2017 Average 2,921 GBP
Yearly Trough Low 2,511 GBP
Transaction Impact: A difference of 588.79 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0614
0.0512
JanuMarcMayJulySeptNove

ZAR to GBP 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 0.0592, compared to 0.0545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0592
H2 Avg (Jul–Dec) 0.0545

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0059 GBP (High: 0.0582 / Low: 0.0523). On the other end, January was the most stable month, with a tight range of 0.0013 GBP (High: 0.0600 / Low: 0.0587).

August Spread (Volatile) ±0.0059
January Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0606) against the same month in 2017 (average: 0.0608), the exchange rate shifted by -0.0003 (-0.42%).

2018 Avg (February) 0.0606
2017 Avg (February) 0.0608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0600 0.0587 0.0594
February 0.0620 0.0586 0.0606
March 0.0612 0.0593 0.0604
April 0.0602 0.0577 0.0588
May 0.0603 0.0580 0.0593
June 0.0597 0.0550 0.0566
July 0.0579 0.0550 0.0567
August 0.0582 0.0523 0.0554
September 0.0543 0.0502 0.0521
October 0.0541 0.0513 0.0528
November 0.0572 0.0532 0.0550
December 0.0574 0.0539 0.0553