YEARLY HIGH
0.7093 SEK
YEARLY LOW
0.5871 SEK
YEARLY AVERAGE
0.6591 SEK

2018 ZAR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.7093. Conversely, the yearly low was recorded on September 5, dropping to 0.5871.

This high-to-low spread represents a total annual volatility of 0.1223 SEK. From a start-to-finish perspective, comparing the January average rate of 0.6601 to the December average rate of 0.6327, the exchange rate registered a net change of -4.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7093 was up 0.16% compared to the 2017 peak of 0.7082, 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 35,467 SEK
2017 Average 32,127 SEK
Yearly Trough Low 29,354 SEK
Transaction Impact: A difference of 6,112.64 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7084
0.5992
JanuMarcMayJulySeptNove

ZAR to SEK 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 0.6829, compared to 0.6353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 0.6829
H2 Avg (Jul–Dec) 0.6353

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0588 SEK (High: 0.6790 / Low: 0.6202). On the other end, January was the most stable month, with a tight range of 0.0168 SEK (High: 0.6672 / Low: 0.6504).

August Spread (Volatile) ±0.0588
January Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0378 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.6959) against the same month in 2017 (average: 0.6900), the exchange rate shifted by +0.0058 (+0.85%).

2018 Avg (March) 0.6959
2017 Avg (March) 0.6900

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6672 0.6504 0.6601
February 0.7078 0.6539 0.6810
March 0.7093 0.6791 0.6959
April 0.7092 0.6875 0.6993
May 0.7084 0.6845 0.6985
June 0.6964 0.6452 0.6627
July 0.6707 0.6417 0.6593
August 0.6790 0.6202 0.6460
September 0.6297 0.5871 0.6083
October 0.6341 0.6100 0.6221
November 0.6636 0.6263 0.6432
December 0.6604 0.6176 0.6327