YEARLY HIGH
0.3394 MYR
YEARLY LOW
0.2694 MYR
YEARLY AVERAGE
0.3062 MYR

2018 ZAR to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.3394. Conversely, the yearly low was recorded on September 5, dropping to 0.2694.

This high-to-low spread represents a total annual volatility of 0.0700 MYR. From a start-to-finish perspective, comparing the January average rate of 0.3245 to the December average rate of 0.2920, the exchange rate registered a net change of -10.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3394 was down 4.82% compared to the 2017 peak of 0.3566, 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 16,971 MYR
2017 Average 16,172 MYR
Yearly Trough Low 13,470 MYR
Transaction Impact: A difference of 3,500.88 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3361
0.2761
JanuMarcMayJulySeptNove

ZAR to MYR 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 0.3207, compared to 0.2917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0290 points.

H1 Avg (Jan–Jun) 0.3207
H2 Avg (Jul–Dec) 0.2917

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0276 MYR (High: 0.3075 / Low: 0.2799). On the other end, January was the most stable month, with a tight range of 0.0083 MYR (High: 0.3290 / Low: 0.3208).

August Spread (Volatile) ±0.0276
January Spread (Stable) ±0.0083

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 0.0160 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.3311) against the same month in 2017 (average: 0.3372), the exchange rate shifted by -0.0061 (-1.81%).

2018 Avg (February) 0.3311
2017 Avg (February) 0.3372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3290 0.3208 0.3245
February 0.3394 0.3216 0.3311
March 0.3344 0.3258 0.3296
April 0.3275 0.3143 0.3213
May 0.3266 0.3094 0.3169
June 0.3160 0.2906 0.3009
July 0.3085 0.2920 0.3025
August 0.3075 0.2799 0.2916
September 0.2933 0.2694 0.2811
October 0.2929 0.2794 0.2860
November 0.3061 0.2892 0.2970
December 0.3046 0.2856 0.2920