2019 FKP to ZAR Historical Review

YEARLY HIGH

19.5478 ZAR

YEARLY LOW

17.2705 ZAR

YEARLY AVERAGE

18.4446 ZAR

2019 FKP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 19.5478. Conversely, the yearly low was recorded on July 30, dropping to 17.2705.

This high-to-low spread represents a total annual volatility of 2.2772 ZAR. From a start-to-finish perspective, comparing the January average rate of 17.8487 to the December average rate of 18.8707, the exchange rate registered a net change of 5.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 19.5478 was down 1.81% compared to the 2018 peak of 19.9085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,739 ZAR

2018 Average 88,199 ZAR

Yearly Trough Low 86,353 ZAR

Transaction Impact: A difference of 11,386.06 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

19.2140

17.3889

JanuMarcMayJulySeptNove

FKP 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 18.3639, compared to 18.5254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1615 points.

H1 Avg (Jan–Jun) 18.3639

H2 Avg (Jul–Dec) 18.5254

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 1.3347 ZAR (High: 18.6664 / Low: 17.3317). On the other end, April was the most stable month, with a tight range of 0.4489 ZAR (High: 18.6644 / Low: 18.2155).

February Spread (Volatile) ±1.3347

April Spread (Stable) ±0.4489

Growth Streaks & Declines

Trends

Between January and March, 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 0.9309 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 18.8533) against the same month in 2018 (average: 18.9316), the exchange rate shifted by -0.0783 (-0.41%).

2019 Avg (October) 18.8533

2018 Avg (October) 18.9316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.3586	17.3888	17.8487
February	18.6664	17.3317	17.9616
March	19.2599	18.6429	18.9551
April	18.6644	18.2155	18.4191
May	19.0183	18.1992	18.5269
June	19.0663	17.8737	18.4719
July	17.8835	17.2705	17.5410
August	18.8314	17.7248	18.4489
September	18.6145	18.0026	18.3765
October	19.5478	18.5477	18.8533
November	19.4511	18.8852	19.0619
December	19.4404	18.3206	18.8707