YEARLY HIGH
0.7867 ZAR
YEARLY LOW
0.6944 ZAR
YEARLY AVERAGE
0.7505 ZAR

2019 MXN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MXN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.7867. Conversely, the yearly low was recorded on January 31, dropping to 0.6944.

This high-to-low spread represents a total annual volatility of 0.0924 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7214 to the December average rate of 0.7538, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7867 was down 1.28% compared to the 2018 peak of 0.7969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 39,337 ZAR
2018 Average 34,455 ZAR
Yearly Trough Low 34,718 ZAR
Transaction Impact: A difference of 4,618.76 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7764
0.7148
JanuMarcMayJulySeptNove

MXN 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 0.7408, compared to 0.7602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.7408
H2 Avg (Jul–Dec) 0.7602

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0490 ZAR (High: 0.7433 / Low: 0.6944). On the other end, September was the most stable month, with a tight range of 0.0175 ZAR (High: 0.7686 / Low: 0.7511).

January Spread (Volatile) ±0.0490
September Spread (Stable) ±0.0175

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 0.0167 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.7710) against the same month in 2018 (average: 0.7455), the exchange rate shifted by +0.0255 (+3.43%).

2019 Avg (August) 0.7710
2018 Avg (August) 0.7455

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7433 0.6944 0.7214
February 0.7336 0.6975 0.7199
March 0.7630 0.7356 0.7475
April 0.7593 0.7353 0.7469
May 0.7664 0.7414 0.7539
June 0.7758 0.7302 0.7552
July 0.7506 0.7266 0.7385
August 0.7867 0.7567 0.7710
September 0.7686 0.7511 0.7594
October 0.7853 0.7622 0.7712
November 0.7865 0.7497 0.7670
December 0.7680 0.7400 0.7538