YEARLY HIGH
0.4657 ZAR
YEARLY LOW
0.4072 ZAR
YEARLY AVERAGE
0.4346 ZAR

2019 NIO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NIO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4657. Conversely, the yearly low was recorded on January 31, dropping to 0.4072.

This high-to-low spread represents a total annual volatility of 0.0585 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4255 to the December average rate of 0.4248, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4657 was down 3.53% compared to the 2018 peak of 0.4827, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,328 ZAR
2018 Average 2,090 ZAR
Yearly Trough Low 2,036 ZAR
Transaction Impact: A difference of 292.70 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4560
0.4188
JanuMarcMayJulySeptNove

NIO 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 0.4319, compared to 0.4373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.4319
H2 Avg (Jul–Dec) 0.4373

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0422 ZAR (High: 0.4493 / Low: 0.4072). On the other end, November was the most stable month, with a tight range of 0.0114 ZAR (High: 0.4427 / Low: 0.4313).

January Spread (Volatile) ±0.0422
November Spread (Stable) ±0.0114

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 0.0169 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.4529) against the same month in 2018 (average: 0.4408), the exchange rate shifted by +0.0121 (+2.74%).

2019 Avg (August) 0.4529
2018 Avg (August) 0.4408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4493 0.4072 0.4255
February 0.4313 0.4072 0.4219
March 0.4450 0.4323 0.4385
April 0.4391 0.4209 0.4297
May 0.4490 0.4273 0.4364
June 0.4534 0.4211 0.4395
July 0.4282 0.4152 0.4226
August 0.4657 0.4362 0.4529
September 0.4550 0.4347 0.4433
October 0.4577 0.4316 0.4425
November 0.4427 0.4313 0.4375
December 0.4370 0.4111 0.4248