2018 ZAR to SGD Historical Review

YEARLY HIGH

0.1143 SGD

YEARLY LOW

0.0892 SGD

YEARLY AVERAGE

0.1024 SGD

2018 ZAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.1143. Conversely, the yearly low was recorded on September 5, dropping to 0.0892.

This high-to-low spread represents a total annual volatility of 0.0251 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1084 to the December average rate of 0.0960, the exchange rate registered a net change of -11.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1143 was up 1.61% compared to the 2017 peak of 0.1125, 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 5,716 SGD

2017 Average 5,193 SGD

Yearly Trough Low 4,461 SGD

Transaction Impact: A difference of 1,255.75 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1135

0.0913

JanuMarcMayJulySeptNove

ZAR to SGD 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 0.1080, compared to 0.0968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1080

H2 Avg (Jul–Dec) 0.0968

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0100 SGD (High: 0.1030 / Low: 0.0930). On the other end, March was the most stable month, with a tight range of 0.0029 SGD (High: 0.1124 / Low: 0.1095).

August Spread (Volatile) ±0.0100

March Spread (Stable) ±0.0029

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 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1117) against the same month in 2017 (average: 0.1074), the exchange rate shifted by +0.0043 (+4.03%).

2018 Avg (February) 0.1117

2017 Avg (February) 0.1074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1106	0.1068	0.1084
February	0.1143	0.1091	0.1117
March	0.1124	0.1095	0.1110
April	0.1108	0.1065	0.1088
May	0.1091	0.1051	0.1069
June	0.1063	0.0986	0.1015
July	0.1035	0.0989	0.1018
August	0.1030	0.0930	0.0975
September	0.0969	0.0892	0.0931
October	0.0969	0.0930	0.0949
November	0.1002	0.0954	0.0976
December	0.0997	0.0939	0.0960