2019 GTQ to ZAR Historical Review

YEARLY HIGH

2.0329 ZAR

YEARLY LOW

1.7139 ZAR

YEARLY AVERAGE

1.8764 ZAR

2019 GTQ to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GTQ to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.0329. Conversely, the yearly low was recorded on January 31, dropping to 1.7139.

This high-to-low spread represents a total annual volatility of 0.3190 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.7906 to the December average rate of 1.8716, the exchange rate registered a net change of 4.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.0329 was up 0.29% compared to the 2018 peak of 2.0269, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,164 ZAR

2018 Average 8,795 ZAR

Yearly Trough Low 8,570 ZAR

Transaction Impact: A difference of 1,594.76 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.9985

1.7631

JanuMarcMayJulySeptNove

GTQ 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 1.8440, compared to 1.9088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0648 points.

H1 Avg (Jan–Jun) 1.8440

H2 Avg (Jul–Dec) 1.9088

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1733 ZAR (High: 1.8872 / Low: 1.7139). On the other end, November was the most stable month, with a tight range of 0.0466 ZAR (High: 1.9490 / Low: 1.9024).

January Spread (Volatile) ±0.1733

November Spread (Stable) ±0.0466

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 0.0606 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.9788) against the same month in 2018 (average: 1.8726), the exchange rate shifted by +0.1062 (+5.67%).

2019 Avg (August) 1.9788

2018 Avg (August) 1.8726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8872	1.7139	1.7906
February	1.8242	1.7139	1.7827
March	1.9034	1.8377	1.8710
April	1.8968	1.8179	1.8490
May	1.9187	1.8492	1.8792
June	1.9456	1.8259	1.8916
July	1.8639	1.8090	1.8310
August	2.0329	1.9033	1.9788
September	1.9850	1.8931	1.9308
October	1.9902	1.8791	1.9196
November	1.9490	1.9024	1.9210
December	1.9276	1.8188	1.8716