YEARLY HIGH
0.1363 ZAR
YEARLY LOW
0.1162 ZAR
YEARLY AVERAGE
0.1283 ZAR

2019 NPR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NPR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.1363. Conversely, the yearly low was recorded on January 31, dropping to 0.1162.

This high-to-low spread represents a total annual volatility of 0.0201 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1225 to the December average rate of 0.1264, the exchange rate registered a net change of 3.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1363 was up 1.37% compared to the 2018 peak of 0.1345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 682 ZAR
2018 Average 605 ZAR
Yearly Trough Low 581 ZAR
Transaction Impact: A difference of 100.72 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1351
0.1201
JanuMarcMayJulySeptNove

NPR 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 0.1268, compared to 0.1299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1268
H2 Avg (Jul–Dec) 0.1299

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0137 ZAR (High: 0.1299 / Low: 0.1162). On the other end, April was the most stable month, with a tight range of 0.0038 ZAR (High: 0.1293 / Low: 0.1255).

January Spread (Volatile) ±0.0137
April Spread (Stable) ±0.0038

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 August and September, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1338) against the same month in 2018 (average: 0.1263), the exchange rate shifted by +0.0076 (+6.00%).

2019 Avg (August) 0.1338
2018 Avg (August) 0.1263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1299 0.1162 0.1225
February 0.1248 0.1168 0.1214
March 0.1326 0.1252 0.1295
April 0.1293 0.1255 0.1272
May 0.1323 0.1263 0.1291
June 0.1355 0.1272 0.1311
July 0.1303 0.1258 0.1279
August 0.1363 0.1320 0.1338
September 0.1341 0.1274 0.1305
October 0.1354 0.1284 0.1311
November 0.1327 0.1277 0.1295
December 0.1303 0.1225 0.1264