YEARLY HIGH
0.2134 TND
YEARLY LOW
0.1794 TND
YEARLY AVERAGE
0.1993 TND

2018 ZAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.2134. Conversely, the yearly low was recorded on September 5, dropping to 0.1794.

This high-to-low spread represents a total annual volatility of 0.0340 TND. From a start-to-finish perspective, comparing the January average rate of 0.2006 to the December average rate of 0.2059, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2134 was up 5.88% compared to the 2017 peak of 0.2016, 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 10,670 TND
2017 Average 9,060 TND
Yearly Trough Low 8,971 TND
Transaction Impact: A difference of 1,698.97 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2078
0.1870
JanuMarcMayJulySeptNove

ZAR to TND 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 0.2004, compared to 0.1981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.2004
H2 Avg (Jul–Dec) 0.1981

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0191 TND (High: 0.1986 / Low: 0.1794). On the other end, January was the most stable month, with a tight range of 0.0071 TND (High: 0.2040 / Low: 0.1969).

September Spread (Volatile) ±0.0191
January Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between January and March, 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 0.0067 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.2059) against the same month in 2017 (average: 0.1904), the exchange rate shifted by +0.0155 (+8.15%).

2018 Avg (December) 0.2059
2017 Avg (December) 0.1904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2040 0.1969 0.2006
February 0.2088 0.1960 0.2027
March 0.2076 0.1990 0.2029
April 0.2062 0.1953 0.2006
May 0.2053 0.1928 0.2011
June 0.2046 0.1888 0.1947
July 0.2047 0.1894 0.1970
August 0.2045 0.1868 0.1955
September 0.1986 0.1794 0.1887
October 0.1997 0.1895 0.1953
November 0.2134 0.1985 0.2061
December 0.2134 0.2006 0.2059