YEARLY HIGH
2.2577 ZAR
YEARLY LOW
1.9219 ZAR
YEARLY AVERAGE
2.0904 ZAR

2019 BOB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.2577. Conversely, the yearly low was recorded on January 31, dropping to 1.9219.

This high-to-low spread represents a total annual volatility of 0.3358 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.0025 to the December average rate of 2.0821, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2577 was up 1.57% compared to the 2018 peak of 2.2229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,289 ZAR
2018 Average 9,587 ZAR
Yearly Trough Low 9,609 ZAR
Transaction Impact: A difference of 1,679.19 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2181
1.9777
JanuMarcMayJulySeptNove

BOB 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 2.0538, compared to 2.1269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0731 points.

H1 Avg (Jan–Jun) 2.0538
H2 Avg (Jul–Dec) 2.1269

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1885 ZAR (High: 2.1104 / Low: 1.9219). On the other end, November was the most stable month, with a tight range of 0.0538 ZAR (High: 2.1735 / Low: 2.1197).

January Spread (Volatile) ±0.1885
November Spread (Stable) ±0.0538

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 0.0733 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.1981) against the same month in 2018 (average: 2.0348), the exchange rate shifted by +0.1633 (+8.02%).

2019 Avg (August) 2.1981
2018 Avg (August) 2.0348

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1104 1.9219 2.0025
February 2.0439 1.9278 1.9977
March 2.1164 2.0460 2.0836
April 2.0916 2.0126 2.0452
May 2.1409 2.0500 2.0858
June 2.1717 2.0359 2.1082
July 2.0750 2.0061 2.0349
August 2.2577 2.1139 2.1981
September 2.2050 2.1103 2.1521
October 2.2247 2.1077 2.1540
November 2.1735 2.1197 2.1403
December 2.1381 2.0295 2.0821