YEARLY HIGH
0.3862 ZAR
YEARLY LOW
0.2341 ZAR
YEARLY AVERAGE
0.3079 ZAR

2019 ARS to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ARS to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.3862. Conversely, the yearly low was recorded on December 31, dropping to 0.2341.

This high-to-low spread represents a total annual volatility of 0.1521 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3703 to the December average rate of 0.2407, the exchange rate registered a net change of -35.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3862 was down 42.93% compared to the 2018 peak of 0.6767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,931 ZAR
2018 Average 2,479 ZAR
Yearly Trough Low 1,171 ZAR
Transaction Impact: A difference of 760.40 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3832
0.2277
JanuMarcMayJulySeptNove

ARS 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 0.3438, compared to 0.2721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0717 points.

H1 Avg (Jan–Jun) 0.3438
H2 Avg (Jul–Dec) 0.2721

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0833 ZAR (High: 0.3390 / Low: 0.2557). On the other end, November was the most stable month, with a tight range of 0.0080 ZAR (High: 0.2525 / Low: 0.2445).

August Spread (Volatile) ±0.0833
November Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0372 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.3703) against the same month in 2018 (average: 0.6419), the exchange rate shifted by -0.2717 (-42.32%).

2019 Avg (January) 0.3703
2018 Avg (January) 0.6419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3862 0.3557 0.3703
February 0.3699 0.3533 0.3602
March 0.3609 0.3307 0.3489
April 0.3404 0.3138 0.3285
May 0.3319 0.3161 0.3214
June 0.3416 0.3224 0.3335
July 0.3399 0.3239 0.3317
August 0.3390 0.2557 0.2945
September 0.2701 0.2561 0.2628
October 0.2671 0.2441 0.2548
November 0.2525 0.2445 0.2480
December 0.2475 0.2341 0.2407