YEARLY HIGH
22.4479 YER
YEARLY LOW
16.2400 YER
YEARLY AVERAGE
19.0398 YER

2018 ZAR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 22.4479. Conversely, the yearly low was recorded on September 5, dropping to 16.2400.

This high-to-low spread represents a total annual volatility of 6.2079 YER. From a start-to-finish perspective, comparing the January average rate of 20.5372 to the December average rate of 17.5229, the exchange rate registered a net change of -14.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.4479 was up 10.03% compared to the 2017 peak of 20.4016, 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 1,122,394 YER
2017 Average 941,163 YER
Yearly Trough Low 812,000 YER
Transaction Impact: A difference of 310,394.18 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.6382
16.5777
JanuMarcMayJulySeptNove

ZAR to YER 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 20.4050, compared to 17.6747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7303 points.

H1 Avg (Jan–Jun) 20.4050
H2 Avg (Jul–Dec) 17.6747

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.9033 YER (High: 18.9298 / Low: 17.0265). On the other end, October was the most stable month, with a tight range of 0.8141 YER (High: 17.6551 / Low: 16.8409).

August Spread (Volatile) ±1.9033
October Spread (Stable) ±0.8141

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 May and June, when the average rate fell by 1.1353 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 21.2165) against the same month in 2017 (average: 19.3453), the exchange rate shifted by +1.8712 (+9.67%).

2018 Avg (March) 21.2165
2017 Avg (March) 19.3453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.1132 20.1067 20.5372
February 21.6767 20.6025 21.1816
March 22.4479 20.8180 21.2165
April 21.1568 20.1099 20.6842
May 20.4401 19.5793 19.9729
June 19.9082 18.0491 18.8376
July 19.0738 18.1201 18.7043
August 18.9298 17.0265 17.8331
September 17.7347 16.2400 16.9994
October 17.6551 16.8409 17.2156
November 18.3162 17.3048 17.7729
December 18.2734 17.1027 17.5229