YEARLY HIGH
0.2814 PEN
YEARLY LOW
0.2151 PEN
YEARLY AVERAGE
0.2496 PEN

2018 ZAR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.2814. Conversely, the yearly low was recorded on September 5, dropping to 0.2151.

This high-to-low spread represents a total annual volatility of 0.0663 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2639 to the December average rate of 0.2355, the exchange rate registered a net change of -10.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2814 was up 6.48% compared to the 2017 peak of 0.2643, 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 14,072 PEN
2017 Average 12,263 PEN
Yearly Trough Low 10,757 PEN
Transaction Impact: A difference of 3,315.65 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2799
0.2197
JanuMarcMayJulySeptNove

ZAR to PEN 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 0.2646, compared to 0.2347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.2646
H2 Avg (Jul–Dec) 0.2347

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0241 PEN (High: 0.2600 / Low: 0.2359). On the other end, March was the most stable month, with a tight range of 0.0046 PEN (High: 0.2768 / Low: 0.2723).

June Spread (Volatile) ±0.0241
March Spread (Stable) ±0.0046

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 0.0150 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.2749) against the same month in 2017 (average: 0.2473), the exchange rate shifted by +0.0276 (+11.16%).

2018 Avg (February) 0.2749
2017 Avg (February) 0.2473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2711 0.2587 0.2639
February 0.2814 0.2658 0.2749
March 0.2768 0.2723 0.2744
April 0.2726 0.2604 0.2669
May 0.2660 0.2562 0.2612
June 0.2600 0.2359 0.2461
July 0.2496 0.2378 0.2447
August 0.2475 0.2250 0.2344
September 0.2339 0.2151 0.2247
October 0.2349 0.2235 0.2292
November 0.2473 0.2331 0.2395
December 0.2473 0.2294 0.2355