YEARLY HIGH
18179.9696 VEF
YEARLY LOW
0.8022 VEF
YEARLY AVERAGE
9090.4104 VEF

2018 ZAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 18179.9696. Conversely, the yearly low was recorded on January 2, dropping to 0.8022.

This high-to-low spread represents a total annual volatility of 18179.1674 VEF. From a start-to-finish perspective, comparing the January average rate of 0.8291 to the December average rate of 17393.9414, the exchange rate registered a net change of 2097708.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 18179.9696 was up 2175836.78% compared to the 2017 peak of 0.8355, 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 908,998,480 VEF
2017 Average 37,984 VEF
Yearly Trough Low 40,108 VEF
Transaction Impact: A difference of 908,958,371.93 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

19405.4393
-1763.2263
JanuMarcMayJulySeptNove

ZAR to VEF 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 3399.6026, compared to 14781.2182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11381.6156 points.

H1 Avg (Jan–Jun) 3399.6026
H2 Avg (Jul–Dec) 14781.2182

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 9488.0746 VEF (High: 17541.2345 / Low: 8053.1599). On the other end, January was the most stable month, with a tight range of 0.0812 VEF (High: 0.8833 / Low: 0.8022).

August Spread (Volatile) ±9488.0746
January Spread (Stable) ±0.0812

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 247.4425 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -247.4425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 17641.3839) against the same month in 2017 (average: 0.7342), the exchange rate shifted by +17640.6496 (+2402635.54%).

2018 Avg (November) 17641.3839
2017 Avg (November) 0.7342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8833 0.8022 0.8291
February 2472.4467 0.8236 1396.6496
March 3456.9049 2426.0037 3072.8219
April 5423.7096 3326.9656 4125.0119
May 6412.7793 5424.9185 5788.7360
June 6355.5148 5761.4258 6013.5671
July 8121.4833 5773.8473 6808.0056
August 17541.2345 8053.1599 12882.8025
September 17601.6130 16118.2095 16873.4420
October 17522.5442 16714.5474 17087.7338
November 18179.9696 17175.7924 17641.3839
December 18137.3631 16975.4143 17393.9414