YEARLY HIGH
0.0301 ZAR
YEARLY LOW
0.0258 ZAR
YEARLY AVERAGE
0.0280 ZAR

2019 SYP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SYP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.0301. Conversely, the yearly low was recorded on January 31, dropping to 0.0258.

This high-to-low spread represents a total annual volatility of 0.0043 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0269 to the December average rate of 0.0279, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0301 was up 0.42% compared to the 2018 peak of 0.0299, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150 ZAR
2018 Average 129 ZAR
Yearly Trough Low 129 ZAR
Transaction Impact: A difference of 21.50 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0297
0.0265
JanuMarcMayJulySeptNove

SYP 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 0.0276, compared to 0.0285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0276
H2 Avg (Jul–Dec) 0.0285

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0026 ZAR (High: 0.0283 / Low: 0.0258). On the other end, November was the most stable month, with a tight range of 0.0007 ZAR (High: 0.0292 / Low: 0.0285).

January Spread (Volatile) ±0.0026
November Spread (Stable) ±0.0007

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 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0295) against the same month in 2018 (average: 0.0273), the exchange rate shifted by +0.0022 (+7.97%).

2019 Avg (August) 0.0295
2018 Avg (August) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0283 0.0258 0.0269
February 0.0274 0.0259 0.0268
March 0.0284 0.0275 0.0279
April 0.0281 0.0270 0.0275
May 0.0287 0.0275 0.0280
June 0.0292 0.0274 0.0283
July 0.0277 0.0269 0.0273
August 0.0301 0.0283 0.0295
September 0.0296 0.0283 0.0289
October 0.0298 0.0283 0.0289
November 0.0292 0.0285 0.0287
December 0.0287 0.0272 0.0279