2018 ZAR to HKD Historical Review

YEARLY HIGH

0.6777 HKD

YEARLY LOW

0.5092 HKD

YEARLY AVERAGE

0.5959 HKD

2018 ZAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.6777. Conversely, the yearly low was recorded on September 5, dropping to 0.5092.

This high-to-low spread represents a total annual volatility of 0.1685 HKD. From a start-to-finish perspective, comparing the January average rate of 0.6416 to the December average rate of 0.5475, the exchange rate registered a net change of -14.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6777 was up 6.42% compared to the 2017 peak of 0.6368, 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 33,884 HKD

2017 Average 29,310 HKD

Yearly Trough Low 25,458 HKD

Transaction Impact: A difference of 8,426.06 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6750

0.5192

JanuMarcMayJulySeptNove

ZAR to HKD 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 0.6385, compared to 0.5534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0851 points.

H1 Avg (Jan–Jun) 0.6385

H2 Avg (Jul–Dec) 0.5534

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0597 HKD (High: 0.5936 / Low: 0.5338). On the other end, March was the most stable month, with a tight range of 0.0217 HKD (High: 0.6740 / Low: 0.6523).

August Spread (Volatile) ±0.0597

March Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between January and March, 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 0.0357 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6619) against the same month in 2017 (average: 0.5890), the exchange rate shifted by +0.0729 (+12.37%).

2018 Avg (February) 0.6619

2017 Avg (February) 0.5890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6597	0.6279	0.6416
February	0.6777	0.6435	0.6619
March	0.6740	0.6523	0.6621
April	0.6634	0.6305	0.6486
May	0.6412	0.6147	0.6263
June	0.6241	0.5659	0.5906
July	0.5984	0.5669	0.5863
August	0.5936	0.5338	0.5592
September	0.5546	0.5092	0.5322
October	0.5527	0.5266	0.5390
November	0.5723	0.5417	0.5558
December	0.5706	0.5351	0.5475