YEARLY HIGH
1.1908 SCR
YEARLY LOW
0.8829 SCR
YEARLY AVERAGE
1.0354 SCR

2018 ZAR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 1.1908. Conversely, the yearly low was recorded on September 5, dropping to 0.8829.

This high-to-low spread represents a total annual volatility of 0.3079 SCR. From a start-to-finish perspective, comparing the January average rate of 1.1415 to the December average rate of 0.9572, the exchange rate registered a net change of -16.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1908 was up 4.08% compared to the 2017 peak of 1.1441, 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 59,539 SCR
2017 Average 51,083 SCR
Yearly Trough Low 44,145 SCR
Transaction Impact: A difference of 15,394.08 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1747
0.9046
JanuMarcMayJulySeptNove

ZAR to SCR 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 1.1088, compared to 0.9621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1467 points.

H1 Avg (Jan–Jun) 1.1088
H2 Avg (Jul–Dec) 0.9621

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1335 SCR (High: 1.0164 / Low: 0.8829). On the other end, July was the most stable month, with a tight range of 0.0545 SCR (High: 1.0329 / Low: 0.9784).

September Spread (Volatile) ±0.1335
July Spread (Stable) ±0.0545

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 0.0599 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.1521) against the same month in 2017 (average: 1.0424), the exchange rate shifted by +0.1097 (+10.52%).

2018 Avg (March) 1.1521
2017 Avg (March) 1.0424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1823 1.1012 1.1415
February 1.1905 1.0948 1.1522
March 1.1908 1.1223 1.1521
April 1.1598 1.0809 1.1135
May 1.1380 1.0516 1.0767
June 1.0701 0.9764 1.0167
July 1.0329 0.9784 1.0121
August 1.0269 0.9256 0.9682
September 1.0164 0.8829 0.9271
October 0.9729 0.9161 0.9386
November 0.9978 0.9428 0.9692
December 0.9956 0.9328 0.9572