YEARLY HIGH
4.1227 ZAR
YEARLY LOW
3.5367 ZAR
YEARLY AVERAGE
3.8517 ZAR

2019 SAR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SAR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 4.1227. Conversely, the yearly low was recorded on January 31, dropping to 3.5367.

This high-to-low spread represents a total annual volatility of 0.5860 ZAR. From a start-to-finish perspective, comparing the January average rate of 3.6889 to the December average rate of 3.8369, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.1227 was up 0.31% compared to the 2018 peak of 4.1097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,613 ZAR
2018 Average 17,662 ZAR
Yearly Trough Low 17,683 ZAR
Transaction Impact: A difference of 2,930.01 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.0834
3.6452
JanuMarcMayJulySeptNove

SAR 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 3.7844, compared to 3.9191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1348 points.

H1 Avg (Jan–Jun) 3.7844
H2 Avg (Jul–Dec) 3.9191

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.3527 ZAR (High: 3.8894 / Low: 3.5367). On the other end, November was the most stable month, with a tight range of 0.1003 ZAR (High: 4.0077 / Low: 3.9075).

January Spread (Volatile) ±0.3527
November Spread (Stable) ±0.1003

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 0.1337 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 4.0469) against the same month in 2018 (average: 3.7472), the exchange rate shifted by +0.2997 (+8.00%).

2019 Avg (August) 4.0469
2018 Avg (August) 3.7472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8894 3.5367 3.6889
February 3.7671 3.5525 3.6818
March 3.8961 3.7777 3.8374
April 3.8543 3.7086 3.7716
May 3.9439 3.7768 3.8425
June 4.0051 3.7440 3.8839
July 3.8246 3.6975 3.7502
August 4.1227 3.8976 4.0469
September 4.0658 3.8864 3.9650
October 4.0888 3.8849 3.9703
November 4.0077 3.9075 3.9456
December 3.9438 3.7351 3.8369