2018 ZAR to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ZAR to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ZAR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 50.3814. Conversely, the yearly low was recorded on September 5, dropping to 37.5277.
This high-to-low spread represents a total annual volatility of 12.8537 SOS. From a start-to-finish perspective, comparing the January average rate of 47.5759 to the December average rate of 40.5958, the exchange rate registered a net change of -14.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 50.3814 was up 6.50% compared to the 2017 peak of 47.3057, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ZAR to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 47.1572, compared to 40.8725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.2847 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 4.4388 SOS (High: 43.7884 / Low: 39.3496). On the other end, March was the most stable month, with a tight range of 1.7220 SOS (High: 49.9961 / Low: 48.2741).
Growth Streaks & Declines
TrendsBetween 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 2.5902 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 49.1503) against the same month in 2017 (average: 43.9457), the exchange rate shifted by +5.2046 (+11.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.0950 | 46.3162 | 47.5759 |
| February | 50.3814 | 47.8578 | 49.1503 |
| March | 49.9961 | 48.2741 | 49.0520 |
| April | 49.0892 | 46.3187 | 47.7381 |
| May | 47.0264 | 45.2653 | 46.0086 |
| June | 45.9076 | 41.6593 | 43.4184 |
| July | 44.1115 | 41.7888 | 43.2025 |
| August | 43.7884 | 39.3496 | 41.1955 |
| September | 40.9904 | 37.5277 | 39.2726 |
| October | 40.8260 | 38.9235 | 39.8436 |
| November | 42.5074 | 39.9704 | 41.1252 |
| December | 42.3249 | 39.5231 | 40.5958 |