YEARLY HIGH
0.0276 ZAR
YEARLY LOW
0.0217 ZAR
YEARLY AVERAGE
0.0246 ZAR

2019 CRC to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CRC to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0276. Conversely, the yearly low was recorded on January 31, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0059 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0229 to the December average rate of 0.0254, the exchange rate registered a net change of 10.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0276 was up 3.20% compared to the 2018 peak of 0.0267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 138 ZAR
2018 Average 115 ZAR
Yearly Trough Low 109 ZAR
Transaction Impact: A difference of 29.35 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0271
0.0222
JanuMarcMayJulySeptNove

CRC 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 0.0237, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0237
H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0024 ZAR (High: 0.0241 / Low: 0.0217). On the other end, March was the most stable month, with a tight range of 0.0009 ZAR (High: 0.0243 / Low: 0.0234).

January Spread (Volatile) ±0.0024
March Spread (Stable) ±0.0009

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 August and September, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0267) against the same month in 2018 (average: 0.0248), the exchange rate shifted by +0.0019 (+7.71%).

2019 Avg (August) 0.0267
2018 Avg (August) 0.0248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0241 0.0217 0.0229
February 0.0232 0.0218 0.0226
March 0.0243 0.0234 0.0239
April 0.0241 0.0230 0.0236
May 0.0252 0.0238 0.0243
June 0.0255 0.0242 0.0249
July 0.0251 0.0240 0.0244
August 0.0276 0.0256 0.0267
September 0.0268 0.0253 0.0257
October 0.0265 0.0250 0.0256
November 0.0263 0.0252 0.0256
December 0.0261 0.0245 0.0254