2019 BIF to ZAR Historical Review

YEARLY HIGH

0.0085 ZAR

YEARLY LOW

0.0073 ZAR

YEARLY AVERAGE

0.0078 ZAR

2019 BIF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0085. Conversely, the yearly low was recorded on February 2, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0012 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0077, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0085 was down 2.75% compared to the 2018 peak of 0.0087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 ZAR

2018 Average 37 ZAR

Yearly Trough Low 37 ZAR

Transaction Impact: A difference of 5.80 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0083

0.0076

JanuMarcMayJulySeptNove

BIF 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 0.0078, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0078

H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0008 ZAR (High: 0.0081 / Low: 0.0074). On the other end, November was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0081 / Low: 0.0078).

January Spread (Volatile) ±0.0008

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0082) against the same month in 2018 (average: 0.0079), the exchange rate shifted by +0.0003 (+3.97%).

2019 Avg (August) 0.0082

2018 Avg (August) 0.0079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0081	0.0074	0.0077
February	0.0078	0.0073	0.0076
March	0.0080	0.0078	0.0079
April	0.0079	0.0076	0.0077
May	0.0080	0.0077	0.0078
June	0.0081	0.0076	0.0079
July	0.0078	0.0075	0.0076
August	0.0085	0.0079	0.0082
September	0.0082	0.0078	0.0080
October	0.0083	0.0078	0.0080
November	0.0081	0.0078	0.0079
December	0.0079	0.0074	0.0077