YEARLY HIGH
1586.9118 STD
YEARLY LOW
1394.5071 STD
YEARLY AVERAGE
1476.3284 STD

2019 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1586.9118. Conversely, the yearly low was recorded on August 19, dropping to 1394.5071.

This high-to-low spread represents a total annual volatility of 192.4047 STD. From a start-to-finish perspective, comparing the January average rate of 1522.1504 to the December average rate of 1498.5475, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1586.9118 was down 8.04% compared to the 2018 peak of 1725.7456, 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 79,345,591 STD
2018 Average 78,359,577 STD
Yearly Trough Low 69,725,357 STD
Transaction Impact: A difference of 9,620,234.48 STD purely based on transaction execution date.

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1544.2916
1409.4122
JanuMarcMayJulySeptNove

ZAR to STD 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 1484.7215, compared to 1467.9352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.7863 points.

H1 Avg (Jan–Jun) 1484.7215
H2 Avg (Jul–Dec) 1467.9352

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 144.0755 STD (High: 1586.9118 / Low: 1442.8363). On the other end, November was the most stable month, with a tight range of 36.8019 STD (High: 1471.3743 / Low: 1434.5723).

January Spread (Volatile) Âą144.0755
November Spread (Stable) Âą36.8019

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 112.3995 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -112.3995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1522.1504) against the same month in 2018 (average: 1656.7546), the exchange rate shifted by -134.6043 (-8.12%).

2019 Avg (January) 1522.1504
2018 Avg (January) 1656.7546

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Month High Low Average
January 1586.9118 1442.8363 1522.1504
February 1579.9578 1489.8181 1525.1184
March 1485.5332 1440.6177 1462.7232
April 1513.6284 1456.4246 1488.3738
May 1486.1625 1423.2314 1460.9111
June 1531.2162 1401.5975 1449.0523
July 1554.5939 1503.1000 1533.0516
August 1474.7588 1394.5071 1420.6521
September 1479.0150 1413.8740 1449.9751
October 1479.7462 1405.7195 1448.1896
November 1471.3743 1434.5723 1457.1954
December 1538.8583 1457.9036 1498.5475