YEARLY HIGH
1182.1214 IDR
YEARLY LOW
935.9014 IDR
YEARLY AVERAGE
1074.3852 IDR

2018 ZAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 1182.1214. Conversely, the yearly low was recorded on September 5, dropping to 935.9014.

This high-to-low spread represents a total annual volatility of 246.2201 IDR. From a start-to-finish perspective, comparing the January average rate of 1100.3483 to the December average rate of 1016.1403, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1182.1214 was up 6.95% compared to the 2017 peak of 1105.3043, 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 59,106,072 IDR
2017 Average 50,317,423 IDR
Yearly Trough Low 46,795,068 IDR
Transaction Impact: A difference of 12,311,004.60 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1180.2143
960.0489
JanuMarcMayJulySeptNove

ZAR to IDR 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 1120.7628, compared to 1028.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 92.7551 points.

H1 Avg (Jan–Jun) 1120.7628
H2 Avg (Jul–Dec) 1028.0077

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 102.5489 IDR (High: 1081.1573 / Low: 978.6083). On the other end, March was the most stable month, with a tight range of 36.0042 IDR (High: 1181.3924 / Low: 1145.3882).

August Spread (Volatile) ±102.5489
March Spread (Stable) ±36.0042

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 67.7996 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -67.7996

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1149.3893) against the same month in 2017 (average: 1012.1620), the exchange rate shifted by +137.2274 (+13.56%).

2018 Avg (February) 1149.3893
2017 Avg (February) 1012.1620

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1129.7200 1081.5218 1100.3483
February 1182.1214 1111.6138 1149.3893
March 1181.3924 1145.3882 1161.8672
April 1163.9161 1114.3606 1140.5933
May 1143.4686 1094.7770 1120.0891
June 1102.7319 1016.5936 1052.2894
July 1091.1114 1028.4468 1066.6116
August 1081.1573 978.6083 1021.1046
September 1021.7555 935.9014 978.3960
October 1072.6922 1025.6612 1044.5251
November 1062.3042 1023.7917 1041.2685
December 1042.2404 994.0835 1016.1403