2019 KZT to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 KZT to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the KZT to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 25.0401. Conversely, the yearly low was recorded on November 12, dropping to 23.2034.
This high-to-low spread represents a total annual volatility of 1.8367 GNF. From a start-to-finish perspective, comparing the January average rate of 24.2037 to the December average rate of 24.6719, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 25.0401 was down 11.48% compared to the 2018 peak of 28.2885, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KZT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
KZT to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.1887, compared to 24.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1776 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 1.4793 GNF (High: 24.6827 / Low: 23.2034). On the other end, August was the most stable month, with a tight range of 0.2590 GNF (High: 23.9466 / Low: 23.6876).
Growth Streaks & Declines
TrendsBetween October and December, 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 July and August, when the average rate fell by 0.1760 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 24.6719) against the same month in 2018 (average: 24.6065), the exchange rate shifted by +0.0654 (+0.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.4702 | 23.6862 | 24.2037 |
| February | 24.5428 | 23.8979 | 24.3101 |
| March | 24.4536 | 24.0333 | 24.2737 |
| April | 24.3309 | 23.9014 | 24.1622 |
| May | 24.4043 | 23.9773 | 24.1609 |
| June | 24.2657 | 23.7453 | 24.0214 |
| July | 24.0418 | 23.7047 | 23.9577 |
| August | 23.9466 | 23.6876 | 23.7817 |
| September | 23.9139 | 23.6333 | 23.8053 |
| October | 23.9251 | 23.6495 | 23.7421 |
| November | 24.6827 | 23.2034 | 24.1075 |
| December | 25.0401 | 24.3822 | 24.6719 |