YEARLY HIGH
12.1686 LRD
YEARLY LOW
10.0061 LRD
YEARLY AVERAGE
10.8708 LRD

2018 ZAR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 12.1686. Conversely, the yearly low was recorded on September 5, dropping to 10.0061.

This high-to-low spread represents a total annual volatility of 2.1625 LRD. From a start-to-finish perspective, comparing the January average rate of 10.4101 to the December average rate of 11.0321, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.1686 was up 18.96% compared to the 2017 peak of 10.2292, 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 608,430 LRD
2017 Average 392,526 LRD
Yearly Trough Low 500,305 LRD
Transaction Impact: A difference of 108,125.36 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.7184
10.2911
JanuMarcMayJulySeptNove

ZAR to LRD 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 10.7331, compared to 11.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2753 points.

H1 Avg (Jan–Jun) 10.7331
H2 Avg (Jul–Dec) 11.0085

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 1.2760 LRD (High: 12.1686 / Low: 10.8926). On the other end, March was the most stable month, with a tight range of 0.3678 LRD (High: 11.2826 / Low: 10.9149).

July Spread (Volatile) ±1.2760
March Spread (Stable) ±0.3678

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 July and August, when the average rate fell by 0.6688 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 11.5995) against the same month in 2017 (average: 7.0668), the exchange rate shifted by +4.5326 (+64.14%).

2018 Avg (July) 11.5995
2017 Avg (July) 7.0668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.8065 10.0811 10.4101
February 11.2756 10.0689 10.6892
March 11.2826 10.9149 11.0679
April 11.1361 10.5131 10.8347
May 11.0312 10.3154 10.6833
June 11.0116 10.3309 10.7134
July 12.1686 10.8926 11.5995
August 11.4615 10.4907 10.9307
September 11.0155 10.0061 10.5155
October 11.0718 10.5279 10.7732
November 11.5670 10.8645 11.1997
December 11.5363 10.7323 11.0321