YEARLY HIGH
2.7267 THB
YEARLY LOW
2.1258 THB
YEARLY AVERAGE
2.4528 THB

2018 ZAR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 2.7267. Conversely, the yearly low was recorded on September 5, dropping to 2.1258.

This high-to-low spread represents a total annual volatility of 0.6009 THB. From a start-to-finish perspective, comparing the January average rate of 2.6157 to the December average rate of 2.2896, the exchange rate registered a net change of -12.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.7267 was down 2.07% compared to the 2017 peak of 2.7844, 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 136,333 THB
2017 Average 127,607 THB
Yearly Trough Low 106,289 THB
Transaction Impact: A difference of 30,044.85 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.7088
2.1678
JanuMarcMayJulySeptNove

ZAR to THB 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 2.5832, compared to 2.3225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2607 points.

H1 Avg (Jan–Jun) 2.5832
H2 Avg (Jul–Dec) 2.3225

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2803 THB (High: 2.5078 / Low: 2.2275). On the other end, March was the most stable month, with a tight range of 0.0839 THB (High: 2.6794 / Low: 2.5954).

August Spread (Volatile) ±0.2803
March Spread (Stable) ±0.0839

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 August and September, when the average rate fell by 0.1405 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.6637) against the same month in 2017 (average: 2.6572), the exchange rate shifted by +0.0065 (+0.24%).

2018 Avg (February) 2.6637
2017 Avg (February) 2.6572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6547 2.5700 2.6157
February 2.7267 2.6021 2.6637
March 2.6794 2.5954 2.6401
April 2.6371 2.5341 2.5866
May 2.6030 2.5003 2.5497
June 2.5446 2.3820 2.4431
July 2.5329 2.3969 2.4849
August 2.5078 2.2275 2.3534
September 2.2974 2.1258 2.2128
October 2.3043 2.2046 2.2542
November 2.4087 2.2811 2.3398
December 2.3943 2.2264 2.2896