YEARLY HIGH
2.7816 ZAR
YEARLY LOW
2.3284 ZAR
YEARLY AVERAGE
2.5455 ZAR

2019 TRY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 2.7816. Conversely, the yearly low was recorded on May 9, dropping to 2.3284.

This high-to-low spread represents a total annual volatility of 0.4532 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.5814 to the December average rate of 2.4578, the exchange rate registered a net change of -4.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.7816 was down 15.92% compared to the 2018 peak of 3.3082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 139,078 ZAR
2018 Average 139,200 ZAR
Yearly Trough Low 116,418 ZAR
Transaction Impact: A difference of 22,660.42 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.7184
2.3567
JanuMarcMayJulySeptNove

TRY 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 2.5278, compared to 2.5633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 2.5278
H2 Avg (Jul–Dec) 2.5633

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1981 ZAR (High: 2.7212 / Low: 2.5231). On the other end, November was the most stable month, with a tight range of 0.0811 ZAR (High: 2.6310 / Low: 2.5500).

January Spread (Volatile) ±0.1981
November Spread (Stable) ±0.0811

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.1752 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.6883) against the same month in 2018 (average: 2.3807), the exchange rate shifted by +0.3076 (+12.92%).

2019 Avg (August) 2.6883
2018 Avg (August) 2.3807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7212 2.5231 2.5814
February 2.6774 2.5556 2.6179
March 2.7081 2.5145 2.6252
April 2.5728 2.3979 2.4500
May 2.5012 2.3284 2.3868
June 2.5954 2.4320 2.5052
July 2.5709 2.4304 2.4806
August 2.7816 2.6041 2.6883
September 2.6809 2.5445 2.6044
October 2.6809 2.4990 2.5710
November 2.6310 2.5500 2.5778
December 2.5491 2.3552 2.4578