2019 CDF to ZAR Historical Review

YEARLY HIGH

0.0094 ZAR

YEARLY LOW

0.0081 ZAR

YEARLY AVERAGE

0.0087 ZAR

2019 CDF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CDF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0094. Conversely, the yearly low was recorded on January 31, dropping to 0.0081.

This high-to-low spread represents a total annual volatility of 0.0013 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0086, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0094 was down 0.20% compared to the 2018 peak of 0.0095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47 ZAR

2018 Average 41 ZAR

Yearly Trough Low 40 ZAR

Transaction Impact: A difference of 6.72 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0092

0.0084

JanuMarcMayJulySeptNove

CDF 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 0.0086, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0086

H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0008 ZAR (High: 0.0089 / Low: 0.0081). On the other end, March was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0089 / Low: 0.0087).

January Spread (Volatile) ±0.0008

March Spread (Stable) ±0.0003

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: 0.0092) against the same month in 2018 (average: 0.0086), the exchange rate shifted by +0.0005 (+6.02%).

2019 Avg (August) 0.0092

2018 Avg (August) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0089	0.0081	0.0085
February	0.0086	0.0081	0.0084
March	0.0089	0.0087	0.0088
April	0.0088	0.0085	0.0086
May	0.0090	0.0087	0.0088
June	0.0091	0.0085	0.0088
July	0.0086	0.0084	0.0085
August	0.0094	0.0088	0.0092
September	0.0092	0.0088	0.0089
October	0.0093	0.0087	0.0090
November	0.0091	0.0088	0.0089
December	0.0088	0.0083	0.0086