YEARLY HIGH
0.1283 AZN
YEARLY LOW
0.1101 AZN
YEARLY AVERAGE
0.1180 AZN

2019 ZAR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.1283. Conversely, the yearly low was recorded on August 19, dropping to 0.1101.

This high-to-low spread represents a total annual volatility of 0.0182 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1231 to the December average rate of 0.1183, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1283 was down 12.24% compared to the 2018 peak of 0.1463, 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 6,417 AZN
2018 Average 6,458 AZN
Yearly Trough Low 5,506 AZN
Transaction Impact: A difference of 911.49 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1245
0.1111
JanuMarcMayJulySeptNove

ZAR to AZN 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 0.1200, compared to 0.1159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1200
H2 Avg (Jul–Dec) 0.1159

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0117 AZN (High: 0.1283 / Low: 0.1167). On the other end, November was the most stable month, with a tight range of 0.0029 AZN (High: 0.1162 / Low: 0.1133).

January Spread (Volatile) ±0.0117
November Spread (Stable) ±0.0029

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 0.0089 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1231) against the same month in 2018 (average: 0.1389), the exchange rate shifted by -0.0158 (-11.35%).

2019 Avg (January) 0.1231
2018 Avg (January) 0.1389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1283 0.1167 0.1231
February 0.1278 0.1205 0.1233
March 0.1201 0.1165 0.1183
April 0.1224 0.1178 0.1204
May 0.1202 0.1151 0.1182
June 0.1209 0.1134 0.1169
July 0.1228 0.1187 0.1211
August 0.1165 0.1101 0.1122
September 0.1168 0.1116 0.1145
October 0.1168 0.1110 0.1144
November 0.1162 0.1133 0.1151
December 0.1215 0.1151 0.1183