YEARLY HIGH
0.1188 NZD
YEARLY LOW
0.0983 NZD
YEARLY AVERAGE
0.1096 NZD

2018 ZAR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.1188. Conversely, the yearly low was recorded on September 5, dropping to 0.0983.

This high-to-low spread represents a total annual volatility of 0.0205 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1131 to the December average rate of 0.1029, the exchange rate registered a net change of -9.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1188 was up 3.01% compared to the 2017 peak of 0.1153, 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 5,940 NZD
2017 Average 5,292 NZD
Yearly Trough Low 4,915 NZD
Transaction Impact: A difference of 1,024.59 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1178
0.1015
JanuMarcMayJulySeptNove

ZAR to NZD 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 0.1138, compared to 0.1055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.1138
H2 Avg (Jul–Dec) 0.1055

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0097 NZD (High: 0.1120 / Low: 0.1023). On the other end, March was the most stable month, with a tight range of 0.0032 NZD (High: 0.1181 / Low: 0.1149).

August Spread (Volatile) ±0.0097
March Spread (Stable) ±0.0032

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 May and June, when the average rate fell by 0.0063 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1159) against the same month in 2017 (average: 0.1052), the exchange rate shifted by +0.0107 (+10.17%).

2018 Avg (February) 0.1159
2017 Avg (February) 0.1052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1147 0.1112 0.1131
February 0.1188 0.1133 0.1159
March 0.1181 0.1149 0.1164
April 0.1171 0.1124 0.1142
May 0.1172 0.1123 0.1148
June 0.1131 0.1054 0.1085
July 0.1119 0.1075 0.1100
August 0.1120 0.1023 0.1069
September 0.1070 0.0983 0.1029
October 0.1072 0.1038 0.1054
November 0.1069 0.1023 0.1048
December 0.1054 0.1013 0.1029