YEARLY HIGH
44.6084 SYP
YEARLY LOW
33.4097 SYP
YEARLY AVERAGE
39.1596 SYP

2018 ZAR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 44.6084. Conversely, the yearly low was recorded on September 5, dropping to 33.4097.

This high-to-low spread represents a total annual volatility of 11.1987 SYP. From a start-to-finish perspective, comparing the January average rate of 42.2612 to the December average rate of 36.0500, the exchange rate registered a net change of -14.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 44.6084 was up 6.26% compared to the 2017 peak of 41.9820, 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 2,230,421 SYP
2017 Average 1,247,360 SYP
Yearly Trough Low 1,670,484 SYP
Transaction Impact: A difference of 559,937.04 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

44.4389
34.1161
JanuMarcMayJulySeptNove

ZAR to SYP 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 41.9562, compared to 36.3629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5933 points.

H1 Avg (Jan–Jun) 41.9562
H2 Avg (Jul–Dec) 36.3629

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 3.9238 SYP (High: 38.9478 / Low: 35.0240). On the other end, March was the most stable month, with a tight range of 1.4059 SYP (High: 44.2397 / Low: 42.8338).

August Spread (Volatile) ±3.9238
March Spread (Stable) ±1.4059

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 2.3361 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.3361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 43.5787) against the same month in 2017 (average: 16.2703), the exchange rate shifted by +27.3084 (+167.84%).

2018 Avg (February) 43.5787
2017 Avg (February) 16.2703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.4356 41.3715 42.2612
February 44.6084 42.3835 43.5787
March 44.2397 42.8338 43.4829
April 43.5288 41.3767 42.5591
May 42.0600 40.3236 41.0958
June 40.9640 37.1356 38.7597
July 39.2798 37.2167 38.4795
August 38.9478 35.0240 36.6908
September 36.5061 33.4097 34.9763
October 36.3199 34.6433 35.4198
November 37.6799 35.5987 36.5611
December 37.5899 35.1931 36.0500