2019 AFN to ZAR Historical Review

YEARLY HIGH

0.1987 ZAR

YEARLY LOW

0.1725 ZAR

YEARLY AVERAGE

0.1855 ZAR

2019 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.1987. Conversely, the yearly low was recorded on July 20, dropping to 0.1725.

This high-to-low spread represents a total annual volatility of 0.0262 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1833 to the December average rate of 0.1832, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1987 was down 9.20% compared to the 2018 peak of 0.2188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 993 ZAR

2018 Average 914 ZAR

Yearly Trough Low 862 ZAR

Transaction Impact: A difference of 131.15 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1951

0.1733

JanuMarcMayJulySeptNove

AFN to ZAR 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 0.1843, compared to 0.1868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1843

H2 Avg (Jul–Dec) 0.1868

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0172 ZAR (High: 0.1934 / Low: 0.1762). On the other end, March was the most stable month, with a tight range of 0.0053 ZAR (High: 0.1935 / Low: 0.1882).

January Spread (Volatile) ±0.0172

March Spread (Stable) ±0.0053

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 March and April, when the average rate fell by 0.0078 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1933) against the same month in 2018 (average: 0.1932), the exchange rate shifted by +0.0001 (+0.04%).

2019 Avg (August) 0.1933

2018 Avg (August) 0.1932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1934	0.1762	0.1833
February	0.1890	0.1771	0.1843
March	0.1935	0.1882	0.1909
April	0.1869	0.1795	0.1831
May	0.1874	0.1784	0.1825
June	0.1890	0.1728	0.1817
July	0.1792	0.1725	0.1751
August	0.1987	0.1842	0.1933
September	0.1957	0.1860	0.1900
October	0.1966	0.1861	0.1903
November	0.1924	0.1861	0.1889
December	0.1882	0.1793	0.1832