2019 NZD to ZAR Historical Review

YEARLY HIGH

9.9731 ZAR

YEARLY LOW

9.1657 ZAR

YEARLY AVERAGE

9.5173 ZAR

2019 NZD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 9.9731. Conversely, the yearly low was recorded on February 6, dropping to 9.1657.

This high-to-low spread represents a total annual volatility of 0.8074 ZAR. From a start-to-finish perspective, comparing the January average rate of 9.3796 to the December average rate of 9.4981, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.9731 was down 1.96% compared to the 2018 peak of 10.1725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,866 ZAR

2018 Average 45,717 ZAR

Yearly Trough Low 45,828 ZAR

Transaction Impact: A difference of 4,037.05 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.8821

9.3339

JanuMarcMayJulySeptNove

NZD 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 9.5372, compared to 9.4975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 9.5372

H2 Avg (Jul–Dec) 9.4975

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.5774 ZAR (High: 9.9700 / Low: 9.3927). On the other end, July was the most stable month, with a tight range of 0.1914 ZAR (High: 9.4853 / Low: 9.2938).

June Spread (Volatile) ±0.5774

July Spread (Stable) ±0.1914

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3422 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 9.8364) against the same month in 2018 (average: 8.5898), the exchange rate shifted by +1.2466 (+14.51%).

2019 Avg (March) 9.8364

2018 Avg (March) 8.5898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6745	9.1712	9.3796
February	9.6733	9.1657	9.4367
March	9.9731	9.6359	9.8364
April	9.6361	9.3962	9.4942
May	9.6252	9.3296	9.4583
June	9.9700	9.3927	9.6177
July	9.4853	9.2938	9.3901
August	9.9281	9.5819	9.7651
September	9.6135	9.2817	9.4263
October	9.6898	9.2573	9.4416
November	9.6609	9.3878	9.4635
December	9.6793	9.3986	9.4981