YEARLY HIGH
4.4041 ZAR
YEARLY LOW
3.6405 ZAR
YEARLY AVERAGE
4.0569 ZAR

2019 ILS to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ILS to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 4.4041. Conversely, the yearly low was recorded on January 30, dropping to 3.6405.

This high-to-low spread represents a total annual volatility of 0.7636 ZAR. From a start-to-finish perspective, comparing the January average rate of 3.7528 to the December average rate of 4.1421, the exchange rate registered a net change of 10.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.4041 was up 2.86% compared to the 2018 peak of 4.2815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,020 ZAR
2018 Average 18,410 ZAR
Yearly Trough Low 18,202 ZAR
Transaction Impact: A difference of 3,818.00 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.3827
3.6955
JanuMarcMayJulySeptNove

ILS 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 3.9235, compared to 4.1903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2668 points.

H1 Avg (Jan–Jun) 3.9235
H2 Avg (Jul–Dec) 4.1903

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.2792 ZAR (High: 4.4041 / Low: 4.1248). On the other end, November was the most stable month, with a tight range of 0.0777 ZAR (High: 4.2855 / Low: 4.2078).

October Spread (Volatile) ±0.2792
November Spread (Stable) ±0.0777

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 November and December, when the average rate fell by 0.1044 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 4.2342) against the same month in 2018 (average: 3.9761), the exchange rate shifted by +0.2581 (+6.49%).

2019 Avg (October) 4.2342
2018 Avg (October) 3.9761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8979 3.6405 3.7528
February 3.8987 3.6628 3.8084
March 4.0280 3.9073 3.9780
April 3.9946 3.8854 3.9363
May 4.0715 3.9768 4.0144
June 4.1836 3.9480 4.0511
July 4.1017 3.9169 3.9679
August 4.4020 4.1654 4.3255
September 4.3577 4.1278 4.2261
October 4.4041 4.1248 4.2342
November 4.2855 4.2078 4.2464
December 4.2557 4.0562 4.1421