2018 ZAR to GNF Historical Review

YEARLY HIGH

782.5856 GNF

YEARLY LOW

586.9952 GNF

YEARLY AVERAGE

687.9336 GNF

2018 ZAR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 782.5856. Conversely, the yearly low was recorded on September 5, dropping to 586.9952.

This high-to-low spread represents a total annual volatility of 195.5904 GNF. From a start-to-finish perspective, comparing the January average rate of 739.1384 to the December average rate of 640.8485, the exchange rate registered a net change of -13.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 782.5856 was up 3.78% compared to the 2017 peak of 754.0727, 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 39,129,279 GNF

2017 Average 34,317,532 GNF

Yearly Trough Low 29,349,760 GNF

Transaction Impact: A difference of 9,779,518.59 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

776.8671

601.0265

JanuMarcMayJulySeptNove

ZAR to GNF 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 734.4396, compared to 641.4276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 93.0120 points.

H1 Avg (Jan–Jun) 734.4396

H2 Avg (Jul–Dec) 641.4276

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 71.9871 GNF (High: 685.5039 / Low: 613.5167). On the other end, March was the most stable month, with a tight range of 25.4066 GNF (High: 773.9688 / Low: 748.5623).

August Spread (Volatile) ±71.9871

March Spread (Stable) ±25.4066

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 39.6491 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -39.6491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 762.2137) against the same month in 2017 (average: 711.7207), the exchange rate shifted by +50.4931 (+7.09%).

2018 Avg (February) 762.2137

2017 Avg (February) 711.7207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	759.6175	724.2175	739.1384
February	782.5856	740.6533	762.2137
March	773.9688	748.5623	760.5774
April	761.2643	724.5363	745.4229
May	736.7408	706.1655	719.4671
June	718.9036	651.1192	679.8180
July	688.7323	653.6226	676.1227
August	685.5039	613.5167	644.5841
September	645.1989	586.9952	615.6798
October	639.6111	608.7115	624.5830
November	664.3040	627.4644	646.7476
December	665.4118	621.4301	640.8485