YEARLY HIGH
0.0926 ZAR
YEARLY LOW
0.0688 ZAR
YEARLY AVERAGE
0.0782 ZAR

2019 LRD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LRD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0926. Conversely, the yearly low was recorded on July 22, dropping to 0.0688.

This high-to-low spread represents a total annual volatility of 0.0238 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0870 to the December average rate of 0.0763, the exchange rate registered a net change of -12.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0926 was down 7.31% compared to the 2018 peak of 0.0999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 463 ZAR
2018 Average 460 ZAR
Yearly Trough Low 344 ZAR
Transaction Impact: A difference of 119.23 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0906
0.0685
JanuMarcMayJulySeptNove

LRD 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 0.0837, compared to 0.0728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.0837
H2 Avg (Jul–Dec) 0.0728

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0101 ZAR (High: 0.0926 / Low: 0.0825). On the other end, March was the most stable month, with a tight range of 0.0025 ZAR (High: 0.0900 / Low: 0.0875).

January Spread (Volatile) ±0.0101
March Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0870) against the same month in 2018 (average: 0.0961), the exchange rate shifted by -0.0092 (-9.52%).

2019 Avg (January) 0.0870
2018 Avg (January) 0.0961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0926 0.0825 0.0870
February 0.0877 0.0828 0.0857
March 0.0900 0.0875 0.0888
April 0.0872 0.0841 0.0853
May 0.0855 0.0764 0.0802
June 0.0775 0.0717 0.0751
July 0.0721 0.0688 0.0703
August 0.0762 0.0721 0.0746
September 0.0734 0.0700 0.0714
October 0.0733 0.0689 0.0705
November 0.0767 0.0697 0.0737
December 0.0784 0.0747 0.0763