YEARLY HIGH
2.7040 NIO
YEARLY LOW
2.0716 NIO
YEARLY AVERAGE
2.4048 NIO

2018 ZAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.7040. Conversely, the yearly low was recorded on September 5, dropping to 2.0716.

This high-to-low spread represents a total annual volatility of 0.6324 NIO. From a start-to-finish perspective, comparing the January average rate of 2.5406 to the December average rate of 2.2706, the exchange rate registered a net change of -10.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.7040 was up 7.68% compared to the 2017 peak of 2.5111, 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 135,201 NIO
2017 Average 112,788 NIO
Yearly Trough Low 103,580 NIO
Transaction Impact: A difference of 31,621.26 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.6822
2.1300
JanuMarcMayJulySeptNove

ZAR to NIO 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 2.5442, compared to 2.2653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2789 points.

H1 Avg (Jan–Jun) 2.5442
H2 Avg (Jul–Dec) 2.2653

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.2326 NIO (High: 2.5147 / Low: 2.2820). On the other end, March was the most stable month, with a tight range of 0.0943 NIO (High: 2.6836 / Low: 2.5893).

June Spread (Volatile) ±0.2326
March Spread (Stable) ±0.0943

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 0.1259 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.6362) against the same month in 2017 (average: 2.2402), the exchange rate shifted by +0.3960 (+17.68%).

2018 Avg (February) 2.6362
2017 Avg (February) 2.2402

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6293 2.4762 2.5406
February 2.7040 2.5602 2.6362
March 2.6836 2.5893 2.6308
April 2.6363 2.5077 2.5785
May 2.5549 2.4551 2.5025
June 2.5147 2.2820 2.3767
July 2.4310 2.2865 2.3696
August 2.4004 2.1722 2.2711
September 2.2800 2.0716 2.1760
October 2.2659 2.1597 2.2123
November 2.3690 2.2338 2.2924
December 2.3664 2.2155 2.2706