2019 TRY to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |