2018 ZAR to IRR Historical Review

YEARLY HIGH

3431.9689 IRR

YEARLY LOW

2800.1477 IRR

YEARLY AVERAGE

3078.1431 IRR

2018 ZAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 3431.9689. Conversely, the yearly low was recorded on September 5, dropping to 2800.1477.

This high-to-low spread represents a total annual volatility of 631.8212 IRR. From a start-to-finish perspective, comparing the January average rate of 2957.8085 to the December average rate of 2958.0412, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3431.9689 was up 18.27% compared to the 2017 peak of 2901.7276, 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 171,598,445 IRR

2017 Average 124,284,908 IRR

Yearly Trough Low 140,007,384 IRR

Transaction Impact: A difference of 31,591,060.88 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3269.7117

2892.8221

JanuMarcMayJulySeptNove

ZAR to IRR 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 3131.0636, compared to 3025.2225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 105.8411 points.

H1 Avg (Jan–Jun) 3131.0636

H2 Avg (Jul–Dec) 3025.2225

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 483.4893 IRR (High: 3431.9689 / Low: 2948.4796). On the other end, March was the most stable month, with a tight range of 102.3948 IRR (High: 3227.3706 / Low: 3124.9757).

May Spread (Volatile) ±483.4893

March Spread (Stable) ±102.3948

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 August and September, when the average rate fell by 155.5854 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -155.5854

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 3238.3042) against the same month in 2017 (average: 2449.1878), the exchange rate shifted by +789.1165 (+32.22%).

2018 Avg (May) 3238.3042

2017 Avg (May) 2449.1878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3115.9229	2861.9735	2957.8085
February	3221.8240	3041.6158	3136.4890
March	3227.3706	3124.9757	3166.0832
April	3179.3139	3009.1538	3099.9900
May	3431.9689	2948.4796	3238.3042
June	3355.4004	3069.8330	3187.7068
July	3332.0951	3080.6926	3233.7464
August	3316.0887	2935.5641	3087.0037
September	3059.0370	2800.1477	2931.4182
October	3035.8523	2858.6428	2924.2296
November	3109.2010	2937.4718	3016.8961
December	3101.7841	2876.3999	2958.0412