2018 ZAR to MRO Historical Review

YEARLY HIGH

30.8367 MRO

YEARLY LOW

13.9920 MRO

YEARLY AVERAGE

27.0220 MRO

2018 ZAR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 30.8367. Conversely, the yearly low was recorded on October 8, dropping to 13.9920.

This high-to-low spread represents a total annual volatility of 16.8447 MRO. From a start-to-finish perspective, comparing the January average rate of 29.1196 to the December average rate of 24.9897, the exchange rate registered a net change of -14.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 30.8367 was up 6.28% compared to the 2017 peak of 29.0152, 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 1,541,836 MRO

2017 Average 1,353,809 MRO

Yearly Trough Low 699,602 MRO

Transaction Impact: A difference of 842,233.77 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

30.6907

23.2852

JanuMarcMayJulySeptNove

ZAR to MRO 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 28.9612, compared to 25.0829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8783 points.

H1 Avg (Jan–Jun) 28.9612

H2 Avg (Jul–Dec) 25.0829

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 11.1841 MRO (High: 25.1761 / Low: 13.9920). On the other end, March was the most stable month, with a tight range of 0.9403 MRO (High: 30.5087 / Low: 29.5684).

October Spread (Volatile) ±11.1841

March Spread (Stable) ±0.9403

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.6118 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.6118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 30.0735) against the same month in 2017 (average: 27.2514), the exchange rate shifted by +2.8221 (+10.36%).

2018 Avg (February) 30.0735

2017 Avg (February) 27.2514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.9627	28.4181	29.1196
February	30.8367	29.2558	30.0735
March	30.5087	29.5684	30.0300
April	30.0271	28.5224	29.3793
May	29.0367	27.8476	28.3882
June	28.2777	25.6704	26.7764
July	27.2037	25.6896	26.6022
August	26.9237	24.2800	25.4036
September	25.3251	23.1584	24.2550
October	25.1761	13.9920	23.9023
November	26.1190	24.6767	25.3446
December	26.0578	24.3884	24.9897