2019 CVE to ZAR Historical Review

YEARLY HIGH

0.1564 ZAR

YEARLY LOW

0.1372 ZAR

YEARLY AVERAGE

0.1462 ZAR

2019 CVE to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.1564. Conversely, the yearly low was recorded on January 31, dropping to 0.1372.

This high-to-low spread represents a total annual volatility of 0.0192 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1429 to the December average rate of 0.1443, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1564 was down 3.52% compared to the 2018 peak of 0.1621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 782 ZAR

2018 Average 706 ZAR

Yearly Trough Low 686 ZAR

Transaction Impact: A difference of 95.92 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1541

0.1407

JanuMarcMayJulySeptNove

CVE 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 0.1449, compared to 0.1475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1449

H2 Avg (Jul–Dec) 0.1475

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0139 ZAR (High: 0.1511 / Low: 0.1372). On the other end, March was the most stable month, with a tight range of 0.0040 ZAR (High: 0.1490 / Low: 0.1451).

January Spread (Volatile) ±0.0139

March Spread (Stable) ±0.0040

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 0.0056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1529) against the same month in 2018 (average: 0.1467), the exchange rate shifted by +0.0062 (+4.23%).

2019 Avg (August) 0.1529

2018 Avg (August) 0.1467

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1511	0.1372	0.1429
February	0.1448	0.1380	0.1418
March	0.1490	0.1451	0.1471
April	0.1463	0.1414	0.1436
May	0.1490	0.1439	0.1457
June	0.1521	0.1446	0.1485
July	0.1451	0.1399	0.1429
August	0.1564	0.1472	0.1529
September	0.1515	0.1459	0.1482
October	0.1521	0.1462	0.1488
November	0.1509	0.1450	0.1477
December	0.1480	0.1407	0.1443