2018 ZAR to TJS Historical Review

YEARLY HIGH

0.7650 TJS

YEARLY LOW

0.6108 TJS

YEARLY AVERAGE

0.6940 TJS

2018 ZAR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.7650. Conversely, the yearly low was recorded on September 5, dropping to 0.6108.

This high-to-low spread represents a total annual volatility of 0.1542 TJS. From a start-to-finish perspective, comparing the January average rate of 0.7237 to the December average rate of 0.6596, the exchange rate registered a net change of -8.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7650 was up 6.50% compared to the 2017 peak of 0.7183, 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 38,252 TJS

2017 Average 32,327 TJS

Yearly Trough Low 30,539 TJS

Transaction Impact: A difference of 7,712.21 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7573

0.6293

JanuMarcMayJulySeptNove

ZAR to TJS 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 0.7244, compared to 0.6636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0608 points.

H1 Avg (Jan–Jun) 0.7244

H2 Avg (Jul–Dec) 0.6636

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0718 TJS (High: 0.7126 / Low: 0.6408). On the other end, March was the most stable month, with a tight range of 0.0262 TJS (High: 0.7576 / Low: 0.7314).

August Spread (Volatile) ±0.0718

March Spread (Stable) ±0.0262

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 0.0327 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.7466) against the same month in 2017 (average: 0.6057), the exchange rate shifted by +0.1409 (+23.25%).

2018 Avg (February) 0.7466

2017 Avg (February) 0.6057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7431	0.7078	0.7237
February	0.7650	0.7255	0.7466
March	0.7576	0.7314	0.7448
April	0.7458	0.7142	0.7317
May	0.7332	0.7017	0.7162
June	0.7188	0.6593	0.6835
July	0.7184	0.6626	0.6949
August	0.7126	0.6408	0.6707
September	0.6678	0.6108	0.6400
October	0.6647	0.6340	0.6478
November	0.6889	0.6512	0.6686
December	0.6881	0.6434	0.6596