2018 ZAR to TWD Historical Review

YEARLY HIGH

2.5341 TWD

YEARLY LOW

1.9954 TWD

YEARLY AVERAGE

2.2869 TWD

2018 ZAR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 2.5341. Conversely, the yearly low was recorded on September 5, dropping to 1.9954.

This high-to-low spread represents a total annual volatility of 0.5387 TWD. From a start-to-finish perspective, comparing the January average rate of 2.4142 to the December average rate of 2.1540, the exchange rate registered a net change of -10.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5341 was up 3.50% compared to the 2017 peak of 2.4483, 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 126,703 TWD

2017 Average 114,437 TWD

Yearly Trough Low 99,769 TWD

Transaction Impact: A difference of 26,934.62 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5142

2.0452

JanuMarcMayJulySeptNove

ZAR to TWD 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 2.4045, compared to 2.1692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2353 points.

H1 Avg (Jan–Jun) 2.4045

H2 Avg (Jul–Dec) 2.1692

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2284 TWD (High: 2.3160 / Low: 2.0877). On the other end, January was the most stable month, with a tight range of 0.0784 TWD (High: 2.4582 / Low: 2.3798).

August Spread (Volatile) ±0.2284

January Spread (Stable) ±0.0784

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 0.1186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.4751) against the same month in 2017 (average: 2.3430), the exchange rate shifted by +0.1321 (+5.64%).

2018 Avg (February) 2.4751

2017 Avg (February) 2.3430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4582	2.3798	2.4142
February	2.5341	2.4170	2.4751
March	2.5057	2.4249	2.4649
April	2.4628	2.3816	2.4277
May	2.4311	2.3431	2.3819
June	2.3590	2.1977	2.2634
July	2.3244	2.2076	2.2814
August	2.3160	2.0877	2.1859
September	2.1648	1.9954	2.0843
October	2.1744	2.0761	2.1244
November	2.2455	2.1251	2.1852
December	2.2463	2.1045	2.1540