2018 ZAR to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ZAR to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ZAR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 2.0505. Conversely, the yearly low was recorded on September 5, dropping to 1.5596.
This high-to-low spread represents a total annual volatility of 0.4909 HNL. From a start-to-finish perspective, comparing the January average rate of 1.9388 to the December average rate of 1.6982, the exchange rate registered a net change of -12.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 2.0505 was up 6.41% compared to the 2017 peak of 1.9270, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ZAR to HNL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.9313, compared to 1.7022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2291 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.1834 HNL (High: 1.8162 / Low: 1.6328). On the other end, March was the most stable month, with a tight range of 0.0662 HNL (High: 2.0299 / Low: 1.9637).
Growth Streaks & Declines
TrendsBetween 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 0.0935 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 1.9971) against the same month in 2017 (average: 1.7873), the exchange rate shifted by +0.2099 (+11.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.9912 | 1.9008 | 1.9388 |
| February | 2.0505 | 1.9355 | 1.9971 |
| March | 2.0299 | 1.9637 | 1.9951 |
| April | 1.9995 | 1.9008 | 1.9562 |
| May | 1.9406 | 1.8622 | 1.8971 |
| June | 1.9048 | 1.7310 | 1.8036 |
| July | 1.8257 | 1.7350 | 1.7917 |
| August | 1.8162 | 1.6328 | 1.7105 |
| September | 1.7065 | 1.5596 | 1.6334 |
| October | 1.6976 | 1.6175 | 1.6561 |
| November | 1.7841 | 1.6676 | 1.7233 |
| December | 1.7828 | 1.6496 | 1.6982 |