2018 ZAR to STD Historical Review

YEARLY HIGH

1725.7456 STD

YEARLY LOW

1365.5397 STD

YEARLY AVERAGE

1567.7867 STD

2018 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 1725.7456. Conversely, the yearly low was recorded on September 5, dropping to 1365.5397.

This high-to-low spread represents a total annual volatility of 360.2060 STD. From a start-to-finish perspective, comparing the January average rate of 1656.7546 to the December average rate of 1473.5256, the exchange rate registered a net change of -11.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1725.7456 was down 5.50% compared to the 2017 peak of 1826.2604, 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 86,287,282 STD

2017 Average 81,727,463 STD

Yearly Trough Low 68,276,983 STD

Transaction Impact: A difference of 18,010,298.64 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1704.8325

1404.4951

JanuMarcMayJulySeptNove

ZAR to STD 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 1649.5292, compared to 1486.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 163.4849 points.

H1 Avg (Jan–Jun) 1649.5292

H2 Avg (Jul–Dec) 1486.0443

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 158.0931 STD (High: 1589.7686 / Low: 1431.6755). On the other end, March was the most stable month, with a tight range of 47.9851 STD (High: 1701.7854 / Low: 1653.8003).

August Spread (Volatile) ±158.0931

March Spread (Stable) ±47.9851

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 72.1591 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -72.1591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1679.8044) against the same month in 2017 (average: 1747.7643), the exchange rate shifted by -67.9600 (-3.89%).

2018 Avg (February) 1679.8044

2017 Avg (February) 1747.7643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1689.7965	1635.0558	1656.7546
February	1725.7456	1627.5973	1679.8044
March	1701.7854	1653.8003	1679.3368
April	1684.7331	1608.5538	1647.6060
May	1690.4510	1607.0936	1652.9163
June	1670.1572	1521.8129	1580.7571
July	1598.4055	1519.7187	1568.2170
August	1589.7686	1431.6755	1499.5712
September	1491.2141	1365.5397	1429.5232
October	1488.6108	1421.8887	1450.9752
November	1540.1139	1455.0678	1494.4533
December	1536.5045	1438.0701	1473.5256