YEARLY HIGH
0.1357 AWG
YEARLY LOW
0.1164 AWG
YEARLY AVERAGE
0.1247 AWG

2019 ZAR to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.1357. Conversely, the yearly low was recorded on August 19, dropping to 0.1164.

This high-to-low spread represents a total annual volatility of 0.0193 AWG. From a start-to-finish perspective, comparing the January average rate of 0.1302 to the December average rate of 0.1251, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1357 was down 12.36% compared to the 2018 peak of 0.1548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,785 AWG
2018 Average 6,808 AWG
Yearly Trough Low 5,821 AWG
Transaction Impact: A difference of 963.69 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1316
0.1174
JanuMarcMayJulySeptNove

ZAR to AWG 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 0.1269, compared to 0.1226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1269
H2 Avg (Jul–Dec) 0.1226

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0123 AWG (High: 0.1357 / Low: 0.1234). On the other end, November was the most stable month, with a tight range of 0.0030 AWG (High: 0.1228 / Low: 0.1198).

January Spread (Volatile) ±0.0123
November Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0094 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1302) against the same month in 2018 (average: 0.1469), the exchange rate shifted by -0.0167 (-11.39%).

2019 Avg (January) 0.1302
2018 Avg (January) 0.1469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1357 0.1234 0.1302
February 0.1351 0.1274 0.1304
March 0.1289 0.1233 0.1252
April 0.1295 0.1245 0.1273
May 0.1271 0.1217 0.1249
June 0.1278 0.1198 0.1236
July 0.1298 0.1255 0.1280
August 0.1231 0.1164 0.1186
September 0.1235 0.1180 0.1211
October 0.1235 0.1174 0.1209
November 0.1228 0.1198 0.1217
December 0.1285 0.1217 0.1251