2019 DJF to ZAR Historical Review

YEARLY HIGH

0.0944 ZAR

YEARLY LOW

0.0745 ZAR

YEARLY AVERAGE

0.0812 ZAR

2019 DJF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DJF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0944. Conversely, the yearly low was recorded on January 31, dropping to 0.0745.

This high-to-low spread represents a total annual volatility of 0.0199 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0782 to the December average rate of 0.0808, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0944 was up 8.98% compared to the 2018 peak of 0.0866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 472 ZAR

2018 Average 372 ZAR

Yearly Trough Low 373 ZAR

Transaction Impact: A difference of 99.25 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0860

0.0768

JanuMarcMayJulySeptNove

DJF 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 0.0798, compared to 0.0826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0798

H2 Avg (Jul–Dec) 0.0826

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0199 ZAR (High: 0.0944 / Low: 0.0745). On the other end, November was the most stable month, with a tight range of 0.0021 ZAR (High: 0.0844 / Low: 0.0823).

January Spread (Volatile) ±0.0199

November Spread (Stable) ±0.0021

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 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0782) against the same month in 2018 (average: 0.0682), the exchange rate shifted by +0.0100 (+14.67%).

2019 Avg (January) 0.0782

2018 Avg (January) 0.0682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0944	0.0745	0.0782
February	0.0794	0.0748	0.0776
March	0.0821	0.0796	0.0808
April	0.0812	0.0781	0.0795
May	0.0831	0.0796	0.0809
June	0.0844	0.0791	0.0818
July	0.0806	0.0779	0.0790
August	0.0868	0.0821	0.0853
September	0.0856	0.0819	0.0835
October	0.0861	0.0818	0.0836
November	0.0844	0.0823	0.0831
December	0.0831	0.0787	0.0808