YEARLY HIGH
27.7452 KZT
YEARLY LOW
24.0523 KZT
YEARLY AVERAGE
26.1096 KZT

2018 ZAR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 27.7452. Conversely, the yearly low was recorded on September 4, dropping to 24.0523.

This high-to-low spread represents a total annual volatility of 3.6929 KZT. From a start-to-finish perspective, comparing the January average rate of 26.8177 to the December average rate of 26.0458, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 27.7452 was up 2.60% compared to the 2017 peak of 27.0429, 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 1,387,262 KZT
2017 Average 1,226,553 KZT
Yearly Trough Low 1,202,616 KZT
Transaction Impact: A difference of 184,646.26 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

27.4719
24.6785
JanuMarcMayJulySeptNove

ZAR to KZT 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 26.5947, compared to 25.6245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9702 points.

H1 Avg (Jan–Jun) 26.5947
H2 Avg (Jul–Dec) 25.6245

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 2.0534 KZT (High: 26.7692 / Low: 24.7158). On the other end, January was the most stable month, with a tight range of 0.7611 KZT (High: 27.2156 / Low: 26.4545).

August Spread (Volatile) ±2.0534
January Spread (Stable) ±0.7611

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 0.8990 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8990

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 27.2391) against the same month in 2017 (average: 24.2872), the exchange rate shifted by +2.9519 (+12.15%).

2018 Avg (February) 27.2391
2017 Avg (February) 24.2872

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.2156 26.4545 26.8177
February 27.7452 26.6093 27.2391
March 27.4072 26.6269 27.0934
April 27.5942 26.1952 26.8570
May 26.7479 25.7221 26.2299
June 26.3846 24.5900 25.3310
July 26.3988 24.6707 25.7291
August 26.7692 24.7158 25.4625
September 25.7333 24.0523 24.9113
October 25.8945 24.7650 25.2861
November 27.1451 25.7091 26.3123
December 27.3194 25.3653 26.0458